Nov. 15 at 12:19 AM
$DTM is currently in a strong position, closing at
$115.94, near the 60-day high of
$116.49. The RSI of 75.13 indicates that the stock is overbought, suggesting a potential pullback or consolidation. The 30-day moving average (MA30) at
$110.8 and the 50-day moving average (MA50) at
$110.2 indicate a bullish trend, but the high RSI suggests caution.
Directional bias is slightly bearish in the short term due to the overbought RSI, despite the strong moving averages supporting upward momentum.
Suggested entry point is
$115.50, just below the last close, to capture potential upward movement while managing risk. Set a stop loss at
$113.00 to protect against significant downside.
Targets are set at
$117.00 (near the 60D high) and
$118.50 for a more aggressive approach, allowing for potential profit-taking as the stock navigates its current overbought condition.
https://privateprofiteers.com
