Nov. 15 at 12:51 AM
$EPRT: The current market context shows a last close of
$30.86, with an RSI of 48.72 indicating neutral momentum. The stock is trading above its 30-day moving average (MA30) of
$30.32 and 50-day moving average (MA50) of
$30.15, suggesting a slight bullish bias. However, the RSI is not in overbought territory, which allows for potential upward movement.
Given the 60-day high of
$32.05 and low of
$28.95, the price is positioned near the midpoint of this range, providing room for both upward and downward movement.
Suggested entry is at
$31.00, with a stop loss set at
$30.20 to limit potential losses. Target 1 is set at
$32.00, aligning with the recent high, while Target 2 is at
$32.50 for a more aggressive profit-taking strategy.
Monitor the price action closely, especially around the key moving averages.
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