Nov. 14 at 11:22 PM
$SCCO is currently trading at
$130.69, showing a neutral RSI of 48.32, indicating that the stock is neither overbought nor oversold. The 30-day moving average (MA30) at
$132.38 is above the current price, suggesting a potential resistance level. The 50-day moving average (MA50) at
$124.15 indicates support, as it is below the current price. The 60-day high of
$143.66 and low of
$92.21 create a range that suggests volatility, with the current price closer to the midpoint.
Directional bias leans slightly bearish due to the proximity of the price to MA30 and the RSI being neutral. Suggested entry could be around
$129.50, with a stop loss at
$124.00 to manage risk. Target 1 can be set at
$135.00, near the MA30, while Target 2 could be
$140.00, approaching the 60-day high.
Monitor market conditions closely, as volatility may affect price movements.
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