Nov. 14 at 4:09 AM
$CORT is currently trading at
$75.75, with an RSI of 56.44 indicating a neutral to slightly bullish momentum. The price is below both the 30-day moving average (MA30) of
$77.0 and the 50-day moving average (MA50) of
$77.36, suggesting potential resistance at these levels. The 60-day high of
$91.0 provides a significant upside target, while the 60-day low of
$67.0 establishes a support level.
Directional bias leans bullish due to the RSI being above 50, indicating potential for upward movement. Suggested entry point is around
$76.00, slightly above the MA30 to confirm momentum. Set a stop-loss at
$73.50, just below recent support levels.
Target 1 is set at
$80.00, near the psychological level and below the MA50. Target 2 is at
$85.00, leveraging the gap towards the 60-day high.
Monitor for any changes in momentum or market conditions.
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