Nov. 13 at 1:02 AM
$VRTX: The last close at
$427.14 indicates a position near the 60D high of
$432.76, suggesting potential resistance. The RSI at 50.62 shows neutral momentum, indicating neither overbought nor oversold conditions. The MA30 at
$416.2 and MA50 at
$405.68 suggest a bullish trend, as the price is above both moving averages. However, the absence of a MA200 limits long-term trend analysis.
Directional bias leans slightly bullish due to the proximity to recent highs and the support from the moving averages. Suggested entry is at
$428.00, with a stop loss set at
$415.00 to manage risk. Target 1 is
$435.00, just above the 60D high, and Target 2 is
$440.00, allowing for potential breakout gains.
Monitor price action closely around the entry point and adjust targets as necessary based on market conditions.
https://privateprofiteers.com
