Nov. 13 at 1:35 AM
$TROW: The current market context shows a last close of
$103.71, which is above the 30-day moving average (MA30) of
$103.57 but below the 50-day moving average (MA50) of
$104.32. The RSI at 54.67 indicates a neutral to slightly bullish momentum, suggesting that the stock may have room to move higher without being overbought.
Directional bias leans bullish due to the price being above the MA30, indicating potential upward momentum. The 60-day high of
$118.22 provides a significant resistance level, while the 60-day low of
$99.00 indicates strong support.
Suggested entry is at
$104.00, slightly above the MA30. Set a stop loss at
$102.00 to manage risk. Target 1 is
$110.00, which is a psychological level and aligns with potential upward movement. Target 2 is
$115.00, approaching the 60-day high.
Overall, the trade plan is to capitalize on the current bullish momentum while managing risk effectively. https://privateprofiteers.com
