Nov. 13 at 3:19 AM
$PPTA is currently trading at
$22.93, below its 30-day moving average (MA30) of
$23.96, indicating a bearish short-term trend. The relative strength index (RSI) at 47.15 suggests that the stock is neither overbought nor oversold, reflecting indecision in the market. The 50-day moving average (MA50) at
$21.73 provides a potential support level, reinforcing a cautious outlook.
Given the 60-day high of
$31.65 and low of
$16.28, the stock has significant volatility, with an average true range (ATR) of 1.69. This suggests potential for price swings.
Suggested entry point:
$22.50, to capitalize on a possible bounce back towards the MA30. Stop loss:
$21.50, to limit downside risk. Target 1:
$24.00 (near MA30), Target 2:
$25.50 (psychological resistance).
Monitor the RSI for shifts towards overbought conditions for potential exit signals.
https://privateprofiteers.com
