Nov. 13 at 3:22 AM
$NATL is currently trading at
$35.82, below its 30-day moving average (MA30) of
$37.77 and its 50-day moving average (MA50) of
$38.37, indicating a bearish trend. The RSI at 37.35 suggests that the stock is nearing oversold territory, which may indicate a potential reversal or bounce. The 60-day high of
$42.23 and low of
$34.18 show a range that the price is currently testing near the lower end.
Trade Plan:
- Directional Bias: Bearish to neutral, with a potential for a short-term bounce.
- Suggested Entry:
$36.00, anticipating a reversal.
- Stop Loss:
$34.00, below the 60D low for risk management.
- Target 1:
$37.00, near MA30.
- Target 2:
$38.00, near MA50.
Monitor for signs of strength or weakness, adjusting targets as necessary.
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