Nov. 14 at 11:34 PM
$F: The current market context shows a last close of
$13.19, indicating a position above the 30-day moving average (MA30) of
$12.62 and the 50-day moving average (MA50) of
$12.29, suggesting a bullish sentiment. The RSI at 48.11 indicates a neutral position, not yet overbought or oversold, allowing for potential upward movement. The 60-day high of
$13.97 provides a resistance level, while the low of
$11.31 establishes a support range.
Directional bias leans slightly bullish due to the price being above key MAs. Suggested entry is at
$13.25, with a stop loss at
$12.90 to manage risk. Target 1 is set at
$13.75, close to the 60-day high, and Target 2 at
$14.00, providing a favorable risk-reward ratio.
This plan capitalizes on the current price action while respecting the established high-low range.
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