Nov. 14 at 4:51 AM
$SXT currently closed at
$95.25. The RSI of 47.31 indicates that the stock is neither overbought nor oversold, suggesting a neutral market sentiment. The 30-day moving average (MA30) at
$94.02 is below the current price, indicating short-term bullish momentum, while the 50-day moving average (MA50) at
$97.05 is above, suggesting potential resistance.
Given the 60-day high of
$116.66 and low of
$88.95, the stock is currently trading closer to the midpoint of this range, which may attract buyers looking for a bounce.
Suggested entry is at
$95.50, slightly above the last close to confirm upward momentum. Set a stop loss at
$91.50 to manage risk. Target 1 is
$100.00, aligning with psychological resistance, and Target 2 is
$105.00, which is near the 30-day high.
Overall, the trade plan reflects a cautious bullish outlook based on current metrics.
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