Dec. 19 at 4:36 PM
$MOS: Current market context shows a close at
$23.96, with an RSI of 46.66 indicating neutral momentum. The price is below the 30-day moving average (MA30) of
$24.59 and the 50-day moving average (MA50) of
$26.43, suggesting potential bearish pressure. However, the price is near the 60-day low of
$23.32, indicating a possible reversal opportunity.
Directional bias leans slightly bullish as the price approaches the lower end of its recent range. Suggested entry point is
$24.00, with a stop loss set at
$22.50 to limit risk.
Take Profit Targets:
1. TP1 at
$25.00 (4.17% ROI)
2. TP2 at
$26.00 (8.33% ROI)
3. TP3 at
$28.00 (16.67% ROI)
Achieving TP3 provides a robust return of 16.67%, just shy of the 17% target, but aligns with the potential for upward movement given the proximity to the 60-day low.
Monitor closely for any changes in momentum or market conditions.
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