Nov. 13 at 2:15 AM
$FIVE: The current market context shows a last close of
$150.07, with an RSI of 47.69 indicating neutral momentum. The price is below both the 30-day moving average (MA30) of
$153.98 and the 50-day moving average (MA50) of
$152.68, suggesting bearish pressure. The 60-day high of
$168.98 and low of
$136.23 indicate a significant range, with the current price closer to the low, reinforcing a cautious outlook.
Directional bias leans bearish due to the price being below key moving averages and the RSI indicating no strong buying momentum.
Suggested entry:
$148.50 (below current close to confirm weakness).
Stop:
$154.00 (above MA30 to limit losses).
Target 1:
$144.00 (near recent support).
Target 2:
$140.00 (psychological level).
Monitor for any shifts in momentum or market sentiment that could alter this plan.
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