Nov. 15 at 12:56 AM
$OS: The last close at
$21.62 indicates a strong position above the 30-day moving average (MA30) of
$18.97 and the 50-day moving average (MA50) of
$19.11, suggesting bullish momentum. The RSI at 63.7 indicates that the stock is approaching overbought territory but is not yet overextended, allowing for potential upward movement. The recent high of
$23.93 within the 60-day range supports a bullish outlook, while the low of
$16.51 provides a solid risk management baseline.
Suggested entry is at
$21.70, just above the last close to capture momentum. Set a stop loss at
$20.14, which is below the ATR of
$1.48, allowing for normal price fluctuations. Target 1 is
$23.00, near the recent high, and Target 2 is
$23.50, slightly above it to capitalize on potential breakout momentum.
This trade plan aligns with current market conditions and technical indicators. For further insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
