Nov. 13 at 2:28 AM
$BYD: The current market context shows a last close at
$81.33, with an RSI of 45.72 indicating a neutral momentum, suggesting potential for upward movement. The price is below both the 30-day moving average (MA30) of
$81.97 and the 50-day moving average (MA50) of
$83.15, indicating a bearish short-term trend. However, the price is within the 60-day high-low range of
$76.33 to
$88.49, suggesting potential support at the lower end.
Directional bias leans slightly bullish due to the proximity to the 60D low and the potential for a rebound. Suggested entry at
$81.50, with a stop loss at
$79.50 to limit downside risk. First target at
$84.00 (near MA30), and a second target at
$86.00 (resistance near the 60D high).
Monitor RSI for confirmation of upward momentum.
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