Nov. 13 at 2:23 AM
$HESM: The last close at
$33.9 indicates a position above the 30-day moving average (MA30) of
$33.49, suggesting a short-term bullish sentiment. The RSI of 53.09 indicates that the asset is neither overbought nor oversold, allowing for potential upward movement. However, the 50-day moving average (MA50) at
$35.28 presents a resistance level that may need to be overcome for further gains.
Market context shows the 60-day high at
$41.8 and the low at
$31.63, indicating a significant range. A breakout above the MA50 could signal a stronger bullish trend.
Suggested entry:
$34.10 (above the MA30).
Stop loss:
$32.80 (below recent support).
Targets:
$36.00 (first target, near MA50) and
$39.00 (second target, closer to the 60D high).
Monitor price action closely around these levels for potential adjustments.
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