Nov. 14 at 5:10 AM
$TDW is currently trading at
$57.46, showing a strong bullish sentiment with an RSI of 69.95, indicating it is nearing overbought territory. The price is above both the 30-day moving average (MA30) at
$51.17 and the 50-day moving average (MA50) at
$53.44, suggesting a positive trend. The recent high of
$61.74 within the last 60 days provides a resistance level, while the low of
$46.65 offers support.
Given the current metrics, the directional bias is bullish but caution is advised due to the high RSI. A suggested entry point could be around
$56.50 to capture potential upward momentum. A stop loss should be set at
$54.00 to mitigate risk. Target 1 could be set at
$60.00, just below the 60-day high, and Target 2 at
$61.00 to capitalize on potential breakout momentum.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
