Nov. 13 at 2:13 AM
$HQY is currently trading at
$99.83, above its 30-day moving average (MA30) of
$93.47 and 50-day moving average (MA50) of
$93.68, indicating bullish momentum. The RSI at 63.56 suggests that the stock is nearing overbought conditions but still has room for further gains. The recent high of
$101.59 is a key resistance level, while the low of
$86.62 provides a solid support base.
Directional bias is bullish due to the price being above both MAs and the proximity to the recent high. Suggested entry could be around
$99.00 to capitalize on potential upward movement. A stop loss should be placed at
$97.00 to manage risk.
Targets can be set at
$101.00 (near the 60D high) and
$102.50 for a more aggressive approach, considering the stock's upward potential.
Overall, the analysis supports a bullish outlook for
$HQY with strategic entry and risk management in place.
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