HighPoint Resources Corporation, together with its subsidiaries, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company primarily holds interest in the Denver Julesburg Basin in Colorado's eastern plains. HighPoint Resources Corporation is headquartered in Denver, Colorado.
If price closes up above the current short term downtrend line BEFORE going below the "c" of the current triangle consolidation it would support this idea. Further confirmation would be price > than "d". Process your way. Enjoy the weekend.
Looks very promising to me. Take a look. Process your way. Up 6% do far today.
Feedback always welcome.
HighPoint Resources Corporation is an exploration and production company. It focuses on the development of oil and natural gas assets primarily in the Denver-Julesburg Basin of Colorado. HighPoint Resources Corporation, formerly known as Bill...
Classic chart formation. The cup and handle.
“ A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
Technical traders using this indicator...
Looking to load up below the whole $1.00 mark. HPR has tested the support levels at the areas before and bounces back easy all the way up $2/share.
I really like this stock, easy to read. Not a whole lot of volatility. Clean chart and cheap as well.
Let me know what you guys think 👍🏼
HighPoint Resources Corp. operates as an independent oil and gas company. It engages in the exploration, development and production of oil, natural gas and natural gas liquids. The company was founded in 2002 and is headquartered in Denver, CO.