Nov. 14 at 4:12 AM
$ATR indicates a volatility of 4.48, suggesting potential price swings. The last close at
$120.2 is below the 30-day moving average (MA30) of
$125.19 and the 50-day moving average (MA50) of
$128.89, indicating a bearish trend. The RSI at 31.26 suggests the asset is oversold, which may lead to a potential reversal or a short-term bounce.
Given the 60-day high of
$143.33 and low of
$103.23, there is a significant range for potential movement. A suggested entry point could be around
$121, just above the last close, to capture a possible bounce. A stop loss should be placed at
$116 to manage risk effectively.
Targets can be set at
$125 (near MA30) and
$130 (near MA50) to capitalize on potential upward momentum.
In summary: Entry at
$121, Stop at
$116, Targets at
$125 and
$130.
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