Nov. 13 at 1:35 AM
$JBL: The last close at
$211.93 indicates a position near the higher end of the recent trading range, with a 60D high of
$237.14 and a low of
$193.84. The RSI at 60.09 suggests bullish momentum, but not yet overbought, allowing for potential upward movement. The MA30 at
$209.67 is below the current price, indicating short-term strength, while the MA50 at
$212.3 presents resistance.
Directional bias leans bullish, supported by the RSI and proximity to MA30. Suggested entry is at
$212.50, slightly above the MA50 to confirm upward movement. Set a stop at
$208.00 to manage risk. Target 1 can be set at
$220.00, aligning with a psychological level, and Target 2 at
$230.00, approaching the 60D high.
Monitor price action closely around the MA50 for potential adjustments.
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