Nov. 13 at 1:43 AM
$EVRG: The last close at
$77.06 indicates a position near the 30-day moving average (MA30) of
$77.35, suggesting potential resistance. The RSI at 39.59 implies the stock is nearing oversold territory, which could indicate a reversal opportunity. The 60-day high of
$79.32 provides a target for a bullish scenario, while the low of
$70.42 offers a support level to monitor.
Directional bias leans slightly bearish due to the RSI and proximity to MA30, but the potential for a rebound exists.
Suggested entry:
$76.50 (below current close to confirm buying interest).
Stop loss:
$75.50 (just below recent support).
Targets:
$78.00 (initial resistance) and
$79.00 (60D high).
Monitor market conditions closely, as volatility (ATR of 1.22) may impact price movements.
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