Nov. 14 at 4:55 AM
$UUUU is currently trading at
$15.48, below both the 30-day moving average (MA30) of
$19.42 and the 50-day moving average (MA50) of
$17.48, indicating bearish momentum. The RSI at 29.48 suggests the stock is oversold, which could signal a potential reversal, but caution is warranted given the overall downtrend. The recent 60-day high of
$27.33 and low of
$8.65 indicates significant volatility, with the current price closer to the low end of this range.
Suggested entry point is at
$15.50 to capitalize on a potential bounce. Set a stop loss at
$14.00 to limit downside risk. Target 1 is at
$17.00, aligning with the MA50, and Target 2 is at
$19.00, near the MA30. Monitor RSI for signs of recovery; if it moves above 30, it may confirm upward momentum.
For further insights, visit https://privateprofiteers.com.
https://privateprofiteers.com