Nov. 13 at 1:14 AM
$BDX is currently trading at
$188.12, showing a neutral RSI of 50.02, indicating no strong momentum in either direction. The 30-day moving average (MA30) at
$185.85 and the 50-day moving average (MA50) at
$186.54 suggest a slight bullish trend as the price is above both MAs. However, the absence of a 200-day MA limits long-term trend analysis.
The recent 60-day high of
$200.22 and low of
$162.29 indicate a range-bound market. The current price is closer to the high, which may suggest potential resistance around
$200.
Suggested trade plan:
- Entry:
$189.00 (above the current price to confirm bullish momentum)
- Stop:
$185.00 (below the MA30 for risk management)
- Target 1:
$195.00 (near recent resistance)
- Target 2:
$200.00 (60D high)
Monitor market conditions closely, as volatility (ATR at 4.81) may impact price movements.
https://privateprofiteers.com