Nov. 14 at 4:05 AM
$PPC is currently trading at
$37.65, with an RSI of 52.34 indicating neutral momentum. The price is below the 30-day moving average (MA30) of
$37.88 and significantly below the 50-day moving average (MA50) of
$39.55, suggesting a bearish short-term trend. The 60-day high of
$47.67 and low of
$35.73 indicate a range-bound market, with the current price closer to the low, which could limit upside potential.
Directional bias is slightly bearish due to the price's position relative to key moving averages. Suggested entry is around
$37.50, with a stop loss at
$36.50 to manage risk. Target 1 is set at
$38.50, targeting a potential reversal towards the MA30, and Target 2 at
$39.00, aiming for a test of the MA50.
Monitor price action closely, as breaking above the MA30 could shift sentiment positively.
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