Nov. 15 at 12:11 AM
$PSHZF is currently trading at
$61.25, below the 30-day moving average (MA30) of
$62.19 and the 50-day moving average (MA50) of
$62.54, indicating bearish momentum. The RSI at 35.66 suggests that the stock is approaching oversold territory, which could signal a potential reversal. The 60-day high of
$65.86 and low of
$56.62 establishes a trading range, with current price closer to the low, supporting a cautious bullish bias.
Suggested entry point is at
$61.50, slightly above the last close to confirm upward movement. Set a stop loss at
$60.00 to limit potential losses. Target 1 is at
$63.00, near the MA30, and Target 2 is at
$64.00, just below the 60D high of
$65.86. This plan leverages the current oversold condition and proximity to the low end of the recent range while managing risk effectively.
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