Nov. 15 at 12:14 AM
$EQH is currently trading at
$44.72, which is near the 60D low of
$44.19, indicating potential support. The RSI at 29.89 suggests the stock is oversold, which may lead to a reversal or a bounce. However, the stock is below both the 30-day moving average (MA30) of 47.82 and the 50-day moving average (MA50) of 49.76, indicating a bearish trend in the short to medium term.
For a trade plan, consider entering a long position around
$44.50, just above the current close, to capitalize on potential support. Set a stop loss at
$43.80 to limit downside risk. Target the first exit at
$46.50, which aligns with the MA30, and a second target at
$48.00, close to the MA50. This plan aims to leverage the oversold condition while managing risk effectively.
https://privateprofiteers.com
