Nov. 14 at 4:25 AM
$BTSG: The last close at
$31.75 indicates the stock is positioned above the 30-day moving average (MA30) of
$31.61, suggesting a potential bullish sentiment. However, the RSI at 39.07 indicates that the stock is nearing oversold territory, which may limit upward momentum in the short term. The 50-day moving average (MA50) at
$29.92 provides a support level, reinforcing a bullish bias if the price holds above this level.
Given the 60-day high of
$35.01 and low of
$22.86, the stock has a significant range for potential movement. A suggested entry point would be around
$31.50, with a stop loss set at
$29.50 to manage risk. Target 1 could be set at
$34.00, near the recent high, while Target 2 could be at
$35.00, allowing for a potential breakout.
Overall, the trade plan leans bullish, with cautious optimism due to the RSI and MA indicators. https://privateprofiteers.com
