Nov. 13 at 1:52 AM
$NDSN: The current market context shows a last close of
$236.41, indicating a stable position above the 30-day moving average (MA30) of
$233.14 and the 50-day moving average (MA50) of
$229.90. The RSI of 54.43 suggests that the asset is neither overbought nor oversold, indicating potential for upward movement. The price is also near the 60-day high of
$240.46, which may act as a resistance level.
Directional bias is slightly bullish, supported by the price trading above key moving averages and a neutral RSI. Suggested entry point is at
$237.00, with a stop loss set at
$232.00 to manage risk. Target 1 is set at
$240.00, just below the 60D high, while Target 2 is at
$242.00, allowing for potential breakout gains.
Overall, the technical indicators suggest a favorable trading opportunity for
$NDSN. For more insights, visit https://privateprofiteers.com.
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