Nov. 14 at 3:38 AM
$SUI is currently trading at
$125.51, showing a moderate RSI of 53.1, indicating neither overbought nor oversold conditions. The 30-day moving average (MA30) at
$124.69 suggests a slight bullish trend as the price is above this level. However, the 50-day moving average (MA50) at
$126.38 indicates potential resistance just above the current price.
Considering the 60-day high of
$131.78 and low of
$118.56, the price is positioned favorably within this range, suggesting room for upward movement.
Trade plan:
- Directional bias: Bullish, due to the price being above MA30 and the RSI indicating strength.
- Suggested entry:
$126.00, above the MA50 for confirmation.
- Stop loss:
$124.00, below the MA30 to limit risk.
- Target 1:
$129.00, near the midpoint of the 60D range.
- Target 2:
$131.00, approaching the recent high.
This plan leverages current price action and technical indicators for a calculated approach.
https://privateprofiteers.com