Nov. 14 at 4:05 AM
$FLS is currently trading at
$68.0, above its 30-day moving average (MA30) of
$58.72 and 50-day moving average (MA50) of
$57.37, indicating a bullish trend. However, the RSI at 74.51 suggests that the stock is overbought, which may lead to a price correction. The recent 60-day high of
$72.09 and low of
$48.71 also highlight a significant range, indicating potential volatility.
Directional bias is cautiously bullish, but with the overbought RSI, a pullback could occur. Suggested entry is around
$66.00, just below current levels to capture potential dips. Set a stop loss at
$64.00 to manage risk. Target 1 is
$72.00, aligning with the 60-day high, and Target 2 is
$75.00, allowing for further upside if momentum resumes.
Monitor closely for any signs of trend reversal or increased volatility.
https://privateprofiteers.com
