Nov. 14 at 3:43 AM
$JLL: The current market context shows a last close of
$301.88, with the RSI at 37.46, indicating a potential oversold condition. The price is below both the 30-day MA (300.36) and the 50-day MA (303.56), suggesting bearish momentum. The 60-day high of
$322.37 and low of
$274.71 indicate a range that could provide support and resistance levels.
Directional bias is bearish, but the low RSI suggests a possible reversal. A suggested entry point is at
$302, slightly above the 30-day MA. Set a stop loss at
$295, just below the recent low, to manage risk.
Targets can be set at
$310, near the 50-day MA, and
$315, which aligns with a resistance level within the recent range. Monitor the ATR of 9.52 to gauge volatility and adjust positions accordingly.
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