Nov. 13 at 3:04 AM
$NP: The last close at
$25.63 indicates the stock is currently trading below its 30-day moving average (MA30) of
$26.36, suggesting a potential bearish sentiment. The RSI at 54.63 indicates neutral momentum, which does not strongly favor either bulls or bears at this time. The 60-day high of
$33.24 provides a resistance level, while the 60-day low of
$22.30 offers support.
Directional bias leans slightly bearish due to the price being below the MA30 and closer to the 60D low. Suggested entry is at
$25.50, just below the last close to capture potential downward movement. Set a stop at
$24.80 to limit losses if the price breaks below support.
Targets are
$26.00 (short-term resistance) and
$27.00 (near the MA30), allowing for a potential recovery towards the MA. Monitor the ATR of 1.44 for volatility considerations.
https://privateprofiteers.com