Nov. 13 at 3:11 AM
$CPK: The last close at
$135.0 indicates a strong position above the 30-day moving average (MA30) of
$133.34 and the 50-day moving average (MA50) of
$131.01, suggesting bullish momentum. The RSI at 57.64 shows that the stock is neither overbought nor oversold, indicating potential for further upward movement. The 60-day high of
$140.59 presents a key resistance level, while the low of
$121.86 establishes a solid support range.
Directional bias is bullish, given the current price above both MAs and the RSI indicating strength.
Suggested entry:
$136.00 (slightly above last close to confirm momentum).
Stop loss:
$132.50 (below MA30 for risk management).
Targets:
$140.00 (first target near 60D high) and
$142.00 (second target for extended gains).
Monitor market conditions closely for any volatility.
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