Nov. 14 at 4:07 AM
$TTAN is currently trading at
$88.99, near the 60-day low of
$88.74, indicating potential support. The RSI of 28.49 suggests the stock is oversold, which may lead to a price rebound. However, the stock is below both the 30-day MA of
$95.87 and the 50-day MA of
$101.87, indicating a bearish trend in the short to medium term.
Directional bias is cautiously bullish due to the oversold RSI, but the overall trend remains bearish as it trades below key moving averages.
Suggested entry:
$89.50, slightly above the current close to confirm upward momentum.
Stop loss:
$87.50, just below the recent low to manage risk.
Targets: First target at
$95.00, aligning with the 30-day MA, and a second target at
$101.00, approaching the 50-day MA.
Monitor for any changes in market sentiment or price action that could influence this plan.
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