Nov. 14 at 3:52 AM
$JKHY: The last close at
$165.27 indicates a strong position relative to the 30-day moving average (MA30) of
$154.93 and the 50-day moving average (MA50) of
$154.87, suggesting bullish momentum. The RSI at 64.51 indicates the stock is nearing overbought territory, which may signal caution but also reflects strong buying interest.
Given the 60-day high of
$168.43, there is potential for a breakout if momentum continues. The low of
$144.12 provides a clear support level for risk management.
Suggested trade plan:
- Entry:
$165.50 (slightly above last close to confirm upward momentum)
- Stop:
$161.50 (below recent support and ATR)
- Target 1:
$168.00 (near the 60D high)
- Target 2:
$170.00 (psychological level)
Monitor RSI for signs of reversal and adjust stop as needed.
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