Nov. 13 at 3:10 AM
$DAVE is currently trading at
$241.21, showing a moderate bullish sentiment with an RSI of 57.68, indicating it is neither overbought nor oversold. The price is above both the 30-day moving average (MA30) at
$223.49 and the 50-day moving average (MA50) at
$221.07, suggesting a positive trend. The 60-day high of
$273.12 provides a potential resistance level, while the low of
$181.54 establishes a support range.
Given the current metrics, the directional bias is bullish. Suggested entry is at
$243, slightly above the last close to confirm upward momentum. A stop loss can be placed at
$220 to manage risk effectively. For targets, consider
$260 as the first target, approaching the 60D high, and
$270 as a second target, allowing for potential gains while monitoring the market closely.
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