Nov. 13 at 1:33 AM
Market Context:
$HAL is currently trading at
$28.08, near its 60-day high of
$28.66, indicating strong upward momentum. The RSI at 66.15 suggests that the stock is approaching overbought territory, which may lead to a pullback.
Directional Bias: The stock shows bullish momentum as it is above both the 30-day MA (25.25) and the 50-day MA (24.32). However, the high RSI indicates potential for a correction. The price is also well above the 60-day low of
$20.79, reinforcing the bullish trend.
Suggested Entry: Consider entering at
$27.80 to capture potential upward movement while mitigating risk.
Stop: Set a stop loss at
$26.50 to limit potential losses in case of a downturn.
Targets: Aim for a first target at
$29.00, just below the 60-day high, and a second target at
$30.00, which is a psychological resistance level.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
