Nov. 14 at 5:15 AM
$LCII is currently experiencing strong momentum, with a last close of
$108.84 and an RSI of 77.85, indicating it is in overbought territory. The price is significantly above the 30-day MA of 95.88 and the 50-day MA of 96.9, suggesting bullish sentiment. However, the high RSI signals potential for a pullback.
Given the 60-day high of 111.96, there is room for further upside, but caution is warranted due to the overbought condition.
Suggested entry point:
$108.50, slightly below the last close to capture potential upward movement.
Stop-loss:
$105.00, to limit losses if the price reverses.
Target 1:
$111.00, near the 60-day high.
Target 2:
$112.00, for a more aggressive exit if momentum continues.
Monitor for signs of reversal given the high RSI.
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