Nov. 13 at 3:25 AM
$BATRK is currently trading at
$39.51, positioned near the middle of its recent 60-day range of
$38.29 to
$45.3. The RSI at 50.81 indicates a neutral momentum, suggesting no immediate overbought or oversold conditions. The price is below the 30-day MA of
$39.99 and the 50-day MA of
$40.71, indicating a bearish short-term trend.
Directional bias leans slightly bearish due to the price being below key moving averages. However, the proximity to the 60-day low suggests potential support around
$38.29.
Suggested entry is at
$39.00, with a stop loss set at
$38.00 to manage risk. Target 1 is
$40.00, aligning with the 30-day MA, and Target 2 is
$41.00, which is near the 50-day MA. This plan allows for a cautious approach while monitoring price action for potential bullish reversals.
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