Nov. 14 at 4:09 AM
$CTRE is currently trading at
$35.74, showing a neutral RSI of 54.21, indicating no immediate overbought or oversold conditions. The stock is above both the 30-day moving average (MA30) of
$34.87 and the 50-day moving average (MA50) of
$34.68, suggesting a bullish short-term trend. The recent 60-day high of
$37.19 provides a resistance level, while the low of
$32.79 offers a support baseline.
Directional bias leans bullish due to the stock's position above key moving averages and the RSI indicating strength.
Suggested entry point is
$36.00, slightly above the last close to confirm upward momentum. Set a stop loss at
$34.50 to mitigate risk.
Targets can be set at
$37.00 (near the 60D high) and
$37.50, allowing for potential profit-taking as the stock approaches resistance levels.
Monitor market conditions closely for any shifts in momentum.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
