Nov. 14 at 4:47 AM
$MUR: The last close at
$29.49 indicates a position above the 30-day moving average (MA30) of
$28.45 and the 50-day moving average (MA50) of
$28.01, suggesting a bullish trend. The RSI of 53.53 indicates that the stock is neither overbought nor oversold, allowing for potential upward movement. The recent high of
$31.39 provides a key resistance level, while the low of
$21.86 establishes a solid support base.
Directional bias is bullish, given the current price above both MAs and the RSI indicating strength.
Suggested entry:
$29.50 (slightly above last close).
Stop loss:
$28.50 (below MA30 for protection).
Target 1:
$31.00 (near recent high).
Target 2:
$31.39 (60D high).
Monitor closely for any changes in momentum and adjust stop loss as necessary.
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