Nov. 14 at 4:03 AM
$GTLS is currently experiencing a strong bullish momentum, closing at
$203.52, just below the 60-day high of
$203.72. The RSI at 85.22 indicates that the stock is overbought, suggesting a potential pullback or consolidation may occur soon. However, the price is above both the 30-day MA of
$200.29 and the 50-day MA of
$200.08, reinforcing the upward trend.
Given this context, a directional bias leans towards a short-term pullback. Suggested entry is at
$202.50, with a stop loss at
$200.00 to limit potential losses. For targets, consider
$205.00 as a first target, and
$207.00 as a second target, capitalizing on the bullish trend while being cautious of overbought conditions.
Monitor the price action closely, as a breach below the 30-day MA could signal a shift in trend.
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