Nov. 13 at 2:48 AM
$BCO: The current market context shows a last close at
$112.61, slightly below the 30-day moving average (MA30) of
$113.18 and the 50-day moving average (MA50) of
$114.06, indicating potential bearish sentiment. The RSI of 47.87 suggests the stock is nearing neutral territory, lacking strong momentum in either direction.
Given the 60-day high of
$118.6 and low of
$105.22, the price is currently closer to the lower end of this range, which may provide a buying opportunity if it holds above support levels.
Suggested entry:
$112.50, with a stop loss at
$110.50 to manage risk.
Targets: First target at
$115.00, aligning with the MA30, and a second target at
$117.00, just below the 60-day high.
Monitor for any significant changes in momentum or market conditions that could affect these levels.
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