Nov. 15 at 12:56 AM
$LEA: The last close is
$107.72, indicating a strong position above the 30-day moving average (MA30) of
$103.27 and the 50-day moving average (MA50) of
$103.98, suggesting bullish momentum. The RSI at 64.84 indicates that the stock is approaching overbought territory but is not yet excessive, allowing for potential further gains. The 60-day high of
$113.1 presents a key resistance level, while the low of
$96.04 provides a solid support base.
Directional bias is bullish due to the price being above both MAs and the recent upward trend. Suggested entry is at
$108.00, with a stop loss at
$105.00 to manage risk. Target 1 is set at
$111.00, just below the 60D high, and Target 2 at
$113.00, aiming for a breakout above recent resistance.
This trade plan leverages current momentum while maintaining a risk-managed approach.
https://privateprofiteers.com
