Nov. 13 at 1:38 AM
$NI is currently trading at
$43.9, showing a neutral market context with an RSI of 47.19, indicating no immediate overbought or oversold conditions. The price is above the 30-day moving average (MA30) of
$43.28 and significantly above the 50-day moving average (MA50) of
$42.4, suggesting a potential bullish bias. However, the lack of a 200-day moving average limits long-term trend analysis.
The recent 60-day high is
$44.88, providing a resistance level, while the 60-day low of
$38.45 indicates substantial support below current levels.
Suggested entry is at
$44.00, slightly below the recent high, to capture potential upward momentum. A stop loss can be set at
$42.50 to limit downside risk. Target 1 is
$45.50, aiming for a breakout above the recent high, and Target 2 is
$46.50, allowing for further upside potential.
This plan leverages current price action and technical indicators to navigate the market effectively.
https://privateprofiteers.com
