Nov. 14 at 4:31 AM
$QLYS is currently trading at
$143.32, above its 30-day moving average (MA30) of
$132.28 and its 50-day moving average (MA50) of
$133.01, indicating a bullish trend. The RSI at 63.18 suggests that the stock is approaching overbought territory, but it is not yet at extreme levels, allowing for potential upward movement. The recent 60-day high of
$155.47 provides a key resistance level, while the 60-day low of
$121.01 offers a support baseline.
For a trade plan, consider entering a long position around
$143.32. Set a stop loss at
$137.30, just below the MA30, to manage risk. Target the first profit level at
$150.00, which is below the recent high, and a second target at
$155.00, aiming to capture gains near the 60-day high. This strategy aligns with the current bullish trend while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
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