Nov. 13 at 2:03 AM
$ENSG is currently trading at
$179.8, showing a neutral market context with an RSI of 42.0, indicating no immediate overbought or oversold conditions. The stock is slightly below its 30-day moving average (MA30) of 180.72, suggesting potential bearish sentiment. However, it is above the 50-day moving average (MA50) of 176.11, which provides some support.
Given the recent high of
$194.0 and low of
$162.91 over the past 60 days, the stock is within a range that allows for potential upward movement. A directional bias leans slightly bearish due to the position relative to MA30, but the proximity to MA50 offers a cushion.
Suggested entry point:
$178.50, just below the last close. Stop loss:
$175.00, below the MA50 for risk management. Target 1:
$185.00, near the MA30, and Target 2:
$190.00, approaching the 60D high.
Monitor price action closely for any changes in momentum.
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