STOCK BUY SIGNAL TRIGGERED: DRIP @02/17/2023
| Ticker | DRIP, Financial | Note |
| Last Price | 14.91 | |
| Buy | 14.91 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 16.4 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 13.4 | |
| Reward/Risk | 0.99 : 1 | If you can get price on $14 level, then it will gives a much better Reward/Risk ratio. |
More Technical Status
| ATR | 0.89 | |
| Beta | – | |
| RSI(14) | 58.73 | |
| SMA20 | 11.66% | Distance to SMA20 |
| SMA50 | 5.80% | Distance to SMA50 |
| Recommendation | – | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. DRIP is one of them. Let’s take a look at this stock’s chart.
DRIP breaks long term trend line and it also formed a higher low. So there is a big chance it will continue move higher to $16 level. It might come down to re-rest $14 level. If it holds, then $14 will be another great entry.
