Nov. 14 at 4:14 AM
$STAG: The current market context shows a last close at
$38.65, with the RSI at 50.23 indicating a neutral momentum. The MA30 at
$37.92 is above the MA50 at
$36.99, suggesting a potential bullish trend. The price is near the 60D high of
$39.57, which may act as resistance.
Directional bias is slightly bullish due to the positioning of the MAs and the neutral RSI, indicating potential for upward movement if momentum builds.
Suggested entry is at
$38.70, just above the last close to confirm bullish sentiment. Set a stop loss at
$37.80 to manage risk.
Target 1 is
$39.50, approaching the 60D high, and Target 2 is
$40.00, providing a psychological level and potential breakout point.
Monitor price action closely, especially around the resistance levels.
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