Nov. 14 at 3:12 AM
$FANG is currently trading at
$144.38, with an RSI of 47.55 indicating a neutral momentum, suggesting no immediate overbought or oversold conditions. The recent price is above the 30-day moving average (MA30) of
$143.38 and the 50-day moving average (MA50) of
$142.31, which may indicate a slight bullish sentiment. However, the price is still below the 60-day high of
$152.49, suggesting potential resistance ahead, while the 60-day low of
$134.30 provides a support level.
For a trade plan, consider entering a long position at
$145.00, slightly above the current close to confirm upward momentum. Set a stop loss at
$141.00 to manage risk. Target 1 can be set at
$150.00, near the 60D high, while Target 2 can be set at
$152.00 to capture potential gains if the price breaks through resistance.
Overall, the trade plan leans slightly bullish, with careful attention to key resistance levels. https://privateprofiteers.com
