Nov. 14 at 4:03 AM
$PSN: The last close at
$85.25 indicates a stable position within the 60-day high-low range of
$73.5 to
$89.5. The RSI at 53.5 suggests a neutral momentum, indicating potential for upward movement without being overbought. The 30-day moving average (MA30) at
$84.65 is above the 50-day moving average (MA50) at
$82.62, which supports a bullish bias.
Suggested entry is at
$85.50, slightly above the last close to confirm upward momentum. Set a stop loss at
$82.50 to manage risk. Target 1 is
$88.00, approaching the 60-day high, while Target 2 is
$89.50, the 60-day high, offering potential for profit-taking.
Overall, the market context supports a bullish outlook based on the moving averages and RSI positioning.
https://privateprofiteers.com