Nov. 13 at 2:19 AM
$PATH: The current market context shows a last close of
$14.37, which is below the 30-day moving average (MA30) of
$15.44 but above the 50-day moving average (MA50) of
$14.04. The RSI at 45.09 indicates neutral momentum, suggesting neither overbought nor oversold conditions. The price is closer to the 60-day low of
$10.48 than the high of
$18.74, indicating potential upward movement if momentum shifts.
Directional bias is cautiously bullish if the price can break above the MA30. Suggested entry is at
$14.50, with a stop loss set at
$13.75 to manage risk. Target 1 is
$15.50, aligning with the MA30, and Target 2 is
$16.00, which is a psychological level and close to recent highs.
Monitor for any changes in RSI or price action around the MA levels to adjust the plan as necessary.
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