Nov. 14 at 3:18 AM
$EXPE: The current market context shows a strong upward momentum with the last close at
$267.35. The RSI of 75.72 indicates that the stock is currently overbought, suggesting a potential pullback or consolidation phase. The MA30 at
$226.38 and MA50 at
$223.87 are significantly below the current price, indicating a bullish trend in the short to medium term. The 60D high of
$279.61 provides a resistance level, while the 60D low of
$204.17 offers a support reference.
Directional bias leans towards a bearish short-term correction due to the high RSI. Suggested entry point is around
$265.00, with a stop loss at
$260.00 to manage risk. Target 1 is set at
$275.00, aligning with the 60D high, and Target 2 at
$279.00 to capture potential upside before reaching resistance.
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