Nov. 13 at 3:02 AM
$UCB is currently trading at
$30.27, within a range defined by a 60-day high of
$34.04 and a low of
$28.65. The RSI at 53.79 indicates neutral momentum, suggesting no immediate overbought or oversold conditions. The price is slightly below the 30-day moving average (MA30) of
$30.43 and significantly below the 50-day moving average (MA50) of
$31.12, indicating potential bearish pressure.
For a trade plan, consider a bullish entry at
$30.50, slightly above the MA30, which may signal a reversal. Set a stop loss at
$29.80 to manage risk. Target 1 can be set at
$32.00, near the MA50, and Target 2 at
$33.00, approaching the 60-day high. This plan leverages the current price action and moving averages while respecting the recent high-low range.
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