Nov. 21 at 2:27 AM
$EA is currently trading at
$201.12, positioned between its 60-day high of
$203.75 and low of
$164.5. The RSI at 58.77 indicates a moderately bullish momentum, suggesting potential for further upward movement without being overbought. The price is above the 30-day moving average (MA30) of
$200.72 and significantly above the 50-day moving average (MA50) of
$194.84, reinforcing a bullish sentiment.
For a trade plan, consider entering at
$201.50 to capitalize on upward momentum. Set a stop loss at
$199.50 to limit potential losses. Target 1 can be set at
$203.00, close to the 60-day high, while Target 2 can be aimed at
$205.00, allowing for further gains if bullish momentum continues.
Overall, the market context supports a bullish bias based on the RSI and MA positioning.
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