Nov. 13 at 3:14 AM
$WSFS: The stock closed at
$55.45, showing a strong upward trend with an RSI of 71.54, indicating potential overbought conditions. The 30-day moving average (MA30) at
$53.25 and the 50-day moving average (MA50) at
$54.3 suggest a bullish sentiment, as the current price is above both averages. The recent high of
$59.29 indicates resistance, while the low of
$49.92 provides a support level.
Directional bias is bullish, but caution is warranted due to the high RSI. Suggested entry is at
$55.00 to capitalize on potential pullbacks. Set a stop loss at
$53.00 to manage risk. Target 1 is
$58.00, near recent highs, and Target 2 is
$59.00, aligning with the 60D high.
Monitor for any signs of reversal given the RSI level.
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