Nov. 14 at 3:27 AM
$VRSN is currently trading at
$251.51, showing a neutral RSI of 54.36, indicating no immediate overbought or oversold conditions. The price is below the 30-day moving average (MA30) of
$253.72 and significantly below the 50-day moving average (MA50) of
$265.74, suggesting a bearish trend in the medium term. The recent high of
$290.82 and low of
$225.41 over the last 60 days indicates a wide trading range, providing potential volatility.
Directional bias leans bearish due to the price's position relative to MAs. Suggested entry is at
$250, just below the last close, with a stop loss at
$245 to manage risk. Target 1 is set at
$240, near the 60D low, and Target 2 at
$230, allowing for a potential downward move within the established range.
Monitor market conditions closely, as any shifts in momentum could alter this outlook.
https://privateprofiteers.com
