Nov. 13 at 2:45 AM
$SBRA: The last close at
$19.16 indicates a bullish sentiment, supported by an RSI of 63.11, which suggests the stock is nearing overbought territory but still has room for upward movement. The 30-day moving average (MA30) at
$18.09 and the 50-day moving average (MA50) at
$18.40 indicate a strong upward trend, as the current price is well above both averages. The 60-day high of
$19.97 presents a resistance level, while the 60-day low of
$17.17 provides a solid support base.
Directional bias is bullish, as the price is above key moving averages and within striking distance of the recent high. Suggested entry is around
$19.00 to capitalize on potential upward momentum. Set a stop-loss at
$18.50 to manage risk. Target 1 is
$19.50, just below the 60D high, and Target 2 is
$20.00, a psychological level that may attract buyers.
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