Nov. 13 at 1:30 AM
$EFX: The last close at
$211.87 indicates a significant decline from the 60D high of
$271.84, suggesting bearish sentiment. The RSI at 26.79 indicates that the stock is oversold, which could lead to a potential reversal or bounce. However, the moving averages (MA30 at 224.8 and MA50 at 236.54) are both above the current price, reinforcing a bearish trend in the short to medium term.
Directional bias is bearish due to the proximity of the price to the 60D low of
$202.0, with limited upside potential in the current context.
Suggested entry:
$210.00.
Stop:
$205.00 (below the recent low to limit losses).
Targets:
$220.00 (near MA30) and
$230.00 (near MA50).
Monitor for any signs of reversal, but maintain a cautious approach given the overall trend.
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