Nov. 13 at 2:22 AM
$CBSH is currently trading at
$54.32, showing a moderate bullish context with an RSI of 59.1, indicating potential upward momentum but not yet overbought. The stock is below its 30-day moving average (MA30) of
$55.2 and 50-day moving average (MA50) of
$57.04, suggesting a potential resistance level. The recent 60-day high of
$63.49 indicates room for upside, while the 60-day low of
$51.64 provides a support baseline.
Directional bias leans bullish due to the RSI approaching 60, but caution is warranted given the proximity to moving averages.
Suggested entry:
$54.50 (above the last close).
Stop loss:
$53.50 (below recent support).
Targets:
$57.00 (first target, near MA50) and
$60.00 (second target, psychological level).
Monitor closely for any changes in momentum or market conditions.
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