Nov. 13 at 2:54 AM
$TMDX: The last close at
$122.14 is above the 30-day moving average (MA30) of
$120.86 and significantly above the 50-day moving average (MA50) of
$118.13, indicating a bullish trend. The RSI at 52.74 suggests that the stock is neither overbought nor oversold, allowing for potential upward movement. The 60-day high of
$140.87 provides a resistance level, while the low of
$101.00 indicates a strong support zone.
Directional bias is bullish due to the current price being above both MAs and the neutral RSI, which suggests room for growth.
Suggested entry:
$123.00 (breakout above last close).
Stop loss:
$118.00 (below MA50 for safety).
Targets:
$135.00 (near 60D high) and
$140.00 (psychological resistance).
Monitor for volatility with an ATR of 8.14, adjusting stops as necessary.
https://privateprofiteers.com
