Nov. 13 at 2:39 AM
$DAR is currently trading at
$34.31 with an RSI of 65.68, indicating that it is approaching overbought territory. The stock is above its 30-day moving average (MA30) of
$32.13 and 50-day moving average (MA50) of
$31.97, suggesting a bullish trend. However, the high of
$36.14 within the last 60 days presents a resistance level, while the low of
$29.15 indicates solid support.
Given the current metrics, the directional bias leans bullish but caution is advised due to the elevated RSI. A suggested entry point could be around
$34.00, with a stop loss set at
$32.50 to manage risk. Target 1 can be set at
$36.00, near the 60D high, while Target 2 can be set at
$37.00 for a more aggressive approach.
Overall, monitor for potential pullbacks, and consider taking profits as the price approaches resistance levels.
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