Nov. 14 at 4:01 AM
$FYBR is currently trading at
$37.84, near its 60-day high of
$37.97, indicating a bullish trend but also potential resistance at this level. The RSI at 69.23 suggests that the stock is approaching overbought conditions, which may lead to a pullback. The 30-day moving average (MA30) at
$37.6 and the 50-day moving average (MA50) at
$37.5 provide support levels, indicating a strong upward trend.
Given the current metrics, the directional bias leans bullish, but caution is warranted due to the high RSI. A suggested entry point could be around
$37.70, providing a buffer against potential pullbacks. A stop-loss can be placed at
$37.40 to manage risk.
For targets, consider
$38.20 as a first target, near the 60D high, and
$38.50 as a second target, allowing for potential breakout gains.
Monitor the market closely for any changes in momentum.
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