Nov. 15 at 12:14 AM
$GLPI is currently trading at
$44.54, showing a neutral market context with an RSI of 47.13, indicating no immediate overbought or oversold conditions. The price is below the 30-day moving average (MA30) of
$44.83 and the 50-day moving average (MA50) of
$45.73, suggesting a potential bearish bias in the short term. The recent high of
$48.71 and low of
$42.26 over the last 60 days indicates a range that could provide trading opportunities.
Suggested entry point is at
$44.40, slightly below the last close to capture potential upward movement. Set a stop loss at
$43.80 to manage risk. For targets, consider
$45.50 (near MA30) as the first target and
$46.50 (mid-range of the 60D high) as the second target. This plan aligns with current market indicators and aims to capitalize on potential price recovery.
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