Nov. 13 at 2:09 AM
$DOX is currently trading at
$83.96, showing a neutral RSI of 50.89, indicating a lack of momentum in either direction. The price is above the 30-day moving average (MA30) of
$83.19 and the 50-day moving average (MA50) of
$83.49, suggesting a potential bullish bias as it indicates short-term strength. However, the absence of a 200-day moving average limits long-term trend analysis.
The 60-day high of
$88.46 and low of
$80.35 establishes a range, with the current price closer to the upper bound, which could indicate resistance.
Suggested trade plan:
- Entry:
$84.20 (above current close to confirm upward momentum)
- Stop:
$82.50 (below recent support)
- Target 1:
$86.00 (near the 60D high)
- Target 2:
$88.00 (slightly below the 60D high for profit-taking)
Monitor for any changes in RSI or moving averages for adjustments.
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