Nov. 14 at 4:15 AM
$NEU: The last close at
$785.51 indicates the stock is currently trading above its 30-day moving average (MA30) of
$781.73, which suggests a bullish trend. However, the 50-day moving average (MA50) at
$799.72 is above the current price, indicating potential resistance. The RSI of 64.88 suggests that the stock is nearing overbought territory, which could lead to a pullback.
Market context shows a 60-day high of
$875.97 and a low of
$735.37, indicating a wide trading range. Given these metrics, the directional bias is cautiously bullish, but with a watch for potential resistance at the MA50.
Suggested entry:
$785.51. Stop loss:
$765 (below recent support). Target 1:
$800 (near MA50 resistance). Target 2:
$850 (mid-range target).
Monitor RSI and price action closely for signs of reversal or continuation.
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