Nov. 14 at 3:34 AM
$EXPD: The last close at
$138.44 indicates a strong upward trend, but the RSI at 77.22 suggests that the stock is overbought, which could lead to a pullback. The MA30 at
$124.29 and MA50 at
$123.46 provide support levels, indicating a bullish trend in the short to medium term. However, the proximity to the 60D High of
$142.09 raises caution as it approaches resistance.
Directional bias is cautiously bullish, but the overbought RSI signals potential for a correction.
Suggested entry: Consider waiting for a pullback to the MA30 around
$124.29.
Stop: Set a stop loss at
$121.00 to manage risk.
Targets: First target at
$140.00, near the 60D High, and a second target at
$142.00 to capitalize on potential breakout momentum.
Monitor closely for signs of reversal, as high RSI could lead to increased volatility.
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