Nov. 13 at 3:07 AM
$INTA: The last close at
$42.09 indicates a strong position above the MA30 (
$38.84) and MA50 (
$40.94), suggesting bullish momentum. The RSI at 62.26 indicates that the stock is nearing overbought territory but is not yet extreme, allowing for potential upward movement. The recent 60-day high of
$47.88 provides a clear resistance level, while the low of
$36.00 establishes a solid support base.
Directional bias is bullish due to the price being above key moving averages and the RSI indicating strength. Suggested entry is at
$42.50, above the last close, to confirm upward momentum. Set a stop loss at
$40.50 to mitigate risk. Target 1 is
$45.00, approaching the 60-day high, and Target 2 is
$47.00, just below the high, allowing for profit-taking.
Monitor the ATR of
$1.43 for volatility considerations.
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