Nov. 16 at 12:21 AM
$GRND is currently trading at
$14.01, showing a neutral RSI of 47.37, indicating no immediate overbought or oversold conditions. The 30-day moving average (MA30) is at
$13.65, suggesting short-term support, while the 50-day moving average (MA50) at
$14.42 indicates potential resistance. The price is within the 60-day high of
$16.51 and low of
$11.73, reflecting a range-bound market.
Directional bias leans slightly bullish, as the price is above the MA30, and the RSI is not in the extreme range. Suggested entry is at
$14.10, just above the last close, to capture potential upward momentum. Set a stop loss at
$13.50 to manage risk. Target 1 is
$15.00, aligning with a psychological level, and Target 2 is
$15.50, which is near the MA50.
Monitor price action closely, as movement beyond these levels may necessitate adjustments.
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