NRP Stock Tickeron detected bullish Stock Pattern: Cup-and-Handle on April 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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Cup-and-Handle
NRP - Natural Resource Partners LP
Emerged: 04/30/24
Breakout: $91.63
Price: $90
Target price: $94.95
A.I.dvisor detected a bullish Cup-and-Handle pattern for NRP stock. This pattern was detected on April 30, 2024 . The odds of reaching the target price are 7. The Cup-and-Handle (sometimes called Cup-and-Holder) pattern is formed when the price of a security initially declines and then rises to form a “U”-like rounded shape (1, 2, 3, also known as the Cup). Once it forms the right lip, it is characterized by short, relatively straight price decline (from 3 to 4) forming the handle. Consider buying a security or call option at the upward breakout price/entry point. The confirmation move is when the security moves past the breakout price above the right cup lip.
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NRPDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a comapny which owns and manages mineral properties

Industry Coal

Profile
Fundamentals
Details
Industry
Coal
Address
1415 Louisiana Street
Phone
+1 713 751-7507
Employees
55
Web
https://www.nrplp.com