DRQ - Why the Technicals for Dril-quip #DRQ can be More Revealing than the Fundamentals
#technicalanalysis provides insights that #fundamentalanalysis cannot. We can use that to our #advantage in Dril-quip (NYSE: DRQ). Using the data offered below we have a real-time example. Review The technical data for DRQ below, and the added value of technical analysis will become clearer. Trading plans are derived naturally from the technicals. This data is current, but it is not real time. If you want a real time update, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Strong | |||
| Neutral | |||
| Neutral | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 28.30 | |||
| P2 | |||
| 33.07 | |||
| 34.48 | |||
| 32.66 | |||
| P3 | |||
| 34.67 | |||
| 37.19 | |||
| 37.51 |
Longer Term Trading Plans for DRQ
May 14, 2021, 4:15 am ET
Our Longer Term Plans for DRQ help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this DRQ Report.
DRQ - (Long) Support Plan
Buy over 32.66 target 37.51 stop loss @ 32.57
DRQ - (Short) Resistance Plan
Short under 37.51, target 32.66, stop loss @ 37.62