Nov. 13 at 1:32 AM
$HBAN: The current market context shows the last close at
$15.86, which is near the 60D low of
$15.05, indicating potential support. The RSI at 49.77 suggests a neutral momentum, while the MA30 at
$15.92 is slightly above the current price, indicating a potential resistance level. The MA50 at
$16.58 is further above, suggesting a bearish bias in the medium term.
Directional bias leans slightly bearish due to the proximity to MA30 and MA50. However, the price is close to the 60D low, which could provide a bounce opportunity.
Suggested entry:
$15.90, with a stop loss at
$15.70 to limit downside risk. Target 1 at
$16.20 (near MA30) and Target 2 at
$16.50 (near MA50).
Monitor the ATR of 0.34 for volatility; adjust stops accordingly.
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