Nov. 13 at 1:56 AM
$VTRS is currently trading at
$11.2, with an RSI of 64.91 indicating it is approaching overbought territory. The 30-day moving average (MA30) at
$10.24 and the 50-day moving average (MA50) at
$10.12 suggest a bullish trend, as the price is well above these averages. The recent 60-day high of
$11.28 presents a resistance level, while the low of
$9.43 indicates a solid support zone.
Given the current context, the directional bias is cautiously bullish, but the RSI suggests potential for a pullback. A suggested entry point is at
$11.0, just below the current price, to capture potential upside. A stop loss can be placed at
$10.80 to limit risk. Targets can be set at
$11.28 (60D high) and
$11.50, allowing for profit-taking as the price approaches resistance levels.
Monitor for any signs of reversal as the RSI approaches overbought levels.
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