📊 Daily Stock Summary – November 02, 2026
AVPT
📊 AVPT Technical Summary:
1. 📍 Key Support and Resistance Levels:
– Support: $16.96 (recent low), $16.60 (EMA8)
– Resistance: $17.52 (recent high), $17.35 (opening price)
2. 🔎 Notable Chart Patterns or Setups:
– AVPT shows a consolidation pattern with a narrow trading range, suggesting potential for a breakout.
– The price is above all key EMAs, indicating strong bullish momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above EMA8, with a recent test of $17.52 resistance.
– Medium-term: Bullish, supported by the price’s position above EMA21 and EMA50, indicating sustained upward momentum.
4. 🌐 Macro Alignment:
– Despite bearish sentiment in broader indices like QQQ and SPY, AVPT’s sector (Technology) often shows resilience. The current setup is strong due to AVPT’s bullish trend, even in a challenging macro environment.
5. 💡 Trade Insight:
– Setup: Potential breakout above $17.52 could signal further upside, especially if volume supports the move.
– Risk: The macro context suggests caution due to broader market volatility. A failure to hold above $16.96 could lead to a pullback.
– Strategy: Traders might consider a breakout play above $17.52 with a stop-loss below $16.96 to manage risk, given the strong sector performance and current technical setup.
1. 📍 Key Support and Resistance Levels:
– Support: $16.96 (recent low), $16.60 (EMA8)
– Resistance: $17.52 (recent high), $17.35 (opening price)
2. 🔎 Notable Chart Patterns or Setups:
– AVPT shows a consolidation pattern with a narrow trading range, suggesting potential for a breakout.
– The price is above all key EMAs, indicating strong bullish momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above EMA8, with a recent test of $17.52 resistance.
– Medium-term: Bullish, supported by the price’s position above EMA21 and EMA50, indicating sustained upward momentum.
4. 🌐 Macro Alignment:
– Despite bearish sentiment in broader indices like QQQ and SPY, AVPT’s sector (Technology) often shows resilience. The current setup is strong due to AVPT’s bullish trend, even in a challenging macro environment.
5. 💡 Trade Insight:
– Setup: Potential breakout above $17.52 could signal further upside, especially if volume supports the move.
– Risk: The macro context suggests caution due to broader market volatility. A failure to hold above $16.96 could lead to a pullback.
– Strategy: Traders might consider a breakout play above $17.52 with a stop-loss below $16.96 to manage risk, given the strong sector performance and current technical setup.
CMCSA
📍 Key Support and Resistance Levels:
– Support: 22.60
– Resistance: 23.31 and 24.65 (200-day EMA)
🔎 Notable Chart Patterns or Setups:
– CMCSA shows a bullish candlestick pattern with a strong close near the high of the day, suggesting buying interest.
– The price is above the EMA8 (22.29) and EMA21 (22.18), indicating short-term bullish momentum.
📊 Trend Analysis:
– Short-term: Bullish, as the price is above key short-term EMAs.
– Medium-term: Neutral to bearish, given the price is below the 200-day EMA (24.65), indicating longer-term resistance.
🌐 Macro Alignment:
– The macro context shows bearish sentiment in major indices (QQQ, SPY, DIA), which could pose risks to CMCSA’s bullish setup. However, IWM’s bullish momentum might offer some sector support.
💡 Trade Insight:
– Setup Type: Potential breakout, given the close near resistance at 23.31.
– Risk: The broader market’s bearish sentiment could limit upside potential. A break above 23.31 could target the 200-day EMA at 24.65, but failure to hold above 23.31 might lead to a pullback towards support at 22.60.
– Recommendation: Consider a cautious approach, watching for confirmation of a breakout above 23.31 with sustained volume before entry.
– Support: 22.60
– Resistance: 23.31 and 24.65 (200-day EMA)
🔎 Notable Chart Patterns or Setups:
– CMCSA shows a bullish candlestick pattern with a strong close near the high of the day, suggesting buying interest.
– The price is above the EMA8 (22.29) and EMA21 (22.18), indicating short-term bullish momentum.
📊 Trend Analysis:
– Short-term: Bullish, as the price is above key short-term EMAs.
– Medium-term: Neutral to bearish, given the price is below the 200-day EMA (24.65), indicating longer-term resistance.
🌐 Macro Alignment:
– The macro context shows bearish sentiment in major indices (QQQ, SPY, DIA), which could pose risks to CMCSA’s bullish setup. However, IWM’s bullish momentum might offer some sector support.
💡 Trade Insight:
– Setup Type: Potential breakout, given the close near resistance at 23.31.
– Risk: The broader market’s bearish sentiment could limit upside potential. A break above 23.31 could target the 200-day EMA at 24.65, but failure to hold above 23.31 might lead to a pullback towards support at 22.60.
– Recommendation: Consider a cautious approach, watching for confirmation of a breakout above 23.31 with sustained volume before entry.
KDP
📊 KDP Technical Summary:
1. 📍 Key Support and Resistance Levels:
– Support: $35.53 (recent low)
– Resistance: $36.13 (recent high and open)
2. 🔎 Notable Chart Patterns or Setups:
– KDP shows a tight trading range with a high and open at $36.13, indicating potential consolidation. The close at $35.84 suggests indecision, with a narrow candlestick body.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price remains above the EMA8 ($35.0).
– Medium-term: Strongly bullish, with the price above EMA21 ($33.9) and EMA50 ($32.74), indicating a sustained uptrend.
4. 🌐 Macro Alignment:
– Despite broader market volatility and bearish trends in indices like QQQ and SPY, KDP’s sector (Consumer Defensive) often provides stability in uncertain times. The macro context suggests caution, but KDP’s technical strength aligns with defensive sector resilience.
5. 💡 Trade Insight:
– Setup Type: Potential continuation setup, given the strong medium-term uptrend.
– Risk: Moderate, due to macro volatility. However, the defensive sector offers some protection.
– Action: Watch for a breakout above $36.13 to confirm bullish continuation. A drop below $35.53 could signal caution or a potential pullback.
Overall, KDP’s technicals suggest strength within a defensive sector, offering a potential continuation play despite broader market risks.
1. 📍 Key Support and Resistance Levels:
– Support: $35.53 (recent low)
– Resistance: $36.13 (recent high and open)
2. 🔎 Notable Chart Patterns or Setups:
– KDP shows a tight trading range with a high and open at $36.13, indicating potential consolidation. The close at $35.84 suggests indecision, with a narrow candlestick body.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price remains above the EMA8 ($35.0).
– Medium-term: Strongly bullish, with the price above EMA21 ($33.9) and EMA50 ($32.74), indicating a sustained uptrend.
4. 🌐 Macro Alignment:
– Despite broader market volatility and bearish trends in indices like QQQ and SPY, KDP’s sector (Consumer Defensive) often provides stability in uncertain times. The macro context suggests caution, but KDP’s technical strength aligns with defensive sector resilience.
5. 💡 Trade Insight:
– Setup Type: Potential continuation setup, given the strong medium-term uptrend.
– Risk: Moderate, due to macro volatility. However, the defensive sector offers some protection.
– Action: Watch for a breakout above $36.13 to confirm bullish continuation. A drop below $35.53 could signal caution or a potential pullback.
Overall, KDP’s technicals suggest strength within a defensive sector, offering a potential continuation play despite broader market risks.
NEE
📊 NEE Technical Summary:
1. 📍 Key Support and Resistance Levels:
– Support: 82.92 (recent low)
– Resistance: 84.40 (recent high), followed by 87.61 (EMA200)
2. 🔎 Notable Chart Patterns or Setups:
– NEE shows a bullish setup with a close near the day’s high, suggesting potential continuation.
– The price is above the EMA8, EMA21, and EMA50, indicating short to medium-term bullish momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above key EMAs and has closed near the high.
– Medium-term: Cautiously bullish, with potential resistance at the EMA200 (87.61).
4. 🌐 Macro Alignment:
– The macro context shows bearish trends in major indices (QQQ, SPY, DIA), which could pose risks to bullish setups like NEE. However, IWM’s bullish momentum may provide some sector support if utilities are perceived as a defensive play.
5. 💡 Trade Insight:
– Setup Type: Continuation
– Risk: Moderate, given the macro bearish sentiment. A breakout above 84.40 could target the EMA200 at 87.61, but caution is advised due to broader market volatility.
– Strategy: Consider a long position if NEE breaks and holds above 84.40, with a stop-loss below 82.92 to manage downside risk. Watch for macro shifts that could impact utilities as a defensive sector.
1. 📍 Key Support and Resistance Levels:
– Support: 82.92 (recent low)
– Resistance: 84.40 (recent high), followed by 87.61 (EMA200)
2. 🔎 Notable Chart Patterns or Setups:
– NEE shows a bullish setup with a close near the day’s high, suggesting potential continuation.
– The price is above the EMA8, EMA21, and EMA50, indicating short to medium-term bullish momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above key EMAs and has closed near the high.
– Medium-term: Cautiously bullish, with potential resistance at the EMA200 (87.61).
4. 🌐 Macro Alignment:
– The macro context shows bearish trends in major indices (QQQ, SPY, DIA), which could pose risks to bullish setups like NEE. However, IWM’s bullish momentum may provide some sector support if utilities are perceived as a defensive play.
5. 💡 Trade Insight:
– Setup Type: Continuation
– Risk: Moderate, given the macro bearish sentiment. A breakout above 84.40 could target the EMA200 at 87.61, but caution is advised due to broader market volatility.
– Strategy: Consider a long position if NEE breaks and holds above 84.40, with a stop-loss below 82.92 to manage downside risk. Watch for macro shifts that could impact utilities as a defensive sector.
NKE
📈 NKE Technical Summary:
1. 📍 Key Support and Resistance Levels:
– Support: $37.81 (EMA8) and $37.09 (EMA21)
– Resistance: $39.24 (recent high) and $40.91 (EMA200)
2. 🔎 Notable Chart Patterns or Setups:
– NKE is trading above its short-term EMAs (EMA8 and EMA21) but below the EMA200, indicating a potential recovery in the short term but still within a broader downtrend.
– The price action shows a narrow trading range, suggesting consolidation.
3. 📊 Trend Analysis:
– Short-term: Bullish momentum as the price is above EMA8 and EMA21.
– Medium-term: Neutral to bearish, as the price remains below the EMA200.
4. 🌐 Macro Alignment:
– The macro context shows bearish momentum in major indices like QQQ and SPY, indicating market-wide risk. However, NKE’s sector (Consumer Cyclical) may benefit from any positive consumer sentiment or economic data, offering potential resilience.
5. 💡 Trade Insight:
– Setup: Continuation setup with potential for a short-term rally if it breaks above $39.24.
– Risk: High, given the bearish macro context and the price below the EMA200. A failure to hold above $37.81 could signal a reversal.
– Strategy: Consider monitoring for a breakout above $39.24 for a short-term trade, while being cautious of broader market volatility.
1. 📍 Key Support and Resistance Levels:
– Support: $37.81 (EMA8) and $37.09 (EMA21)
– Resistance: $39.24 (recent high) and $40.91 (EMA200)
2. 🔎 Notable Chart Patterns or Setups:
– NKE is trading above its short-term EMAs (EMA8 and EMA21) but below the EMA200, indicating a potential recovery in the short term but still within a broader downtrend.
– The price action shows a narrow trading range, suggesting consolidation.
3. 📊 Trend Analysis:
– Short-term: Bullish momentum as the price is above EMA8 and EMA21.
– Medium-term: Neutral to bearish, as the price remains below the EMA200.
4. 🌐 Macro Alignment:
– The macro context shows bearish momentum in major indices like QQQ and SPY, indicating market-wide risk. However, NKE’s sector (Consumer Cyclical) may benefit from any positive consumer sentiment or economic data, offering potential resilience.
5. 💡 Trade Insight:
– Setup: Continuation setup with potential for a short-term rally if it breaks above $39.24.
– Risk: High, given the bearish macro context and the price below the EMA200. A failure to hold above $37.81 could signal a reversal.
– Strategy: Consider monitoring for a breakout above $39.24 for a short-term trade, while being cautious of broader market volatility.
OWL
📊 OWL Technical Summary:
1. 📍 Key Support and Resistance Levels:
– Support: $10.12
– Resistance: $10.55
2. 🔎 Notable Chart Patterns or Setups:
– OWL’s recent price action shows a bullish engulfing pattern, with a close at $10.33 after a higher high and higher low. This suggests potential bullish momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above all major EMAs (EMA8, EMA21, EMA50, EMA200), indicating strong upward momentum.
– Medium-term: The price above EMA200 suggests a bullish trend continuation, with recent price action reinforcing this view.
4. 🌐 Macro Alignment:
– Despite bearish trends in major indices like QQQ and SPY, OWL’s sector (Financial Services) may offer relative strength. The bullish technical setup in OWL contrasts with the broader market’s bearish sentiment, suggesting sector-specific resilience.
5. 💡 Trade Insight:
– Setup: Breakout potential. The price closing near the high ($10.55) with strong volume suggests a possible breakout above resistance.
– Risk: Given the broader market’s bearish sentiment, there’s a risk of reversal if macro pressures intensify. However, OWL’s strong technical position may attract buyers looking for relative strength.
Overall, OWL presents a bullish continuation setup, with potential for further gains if it can sustain momentum above $10.55. However, traders should remain cautious of broader market volatility.
1. 📍 Key Support and Resistance Levels:
– Support: $10.12
– Resistance: $10.55
2. 🔎 Notable Chart Patterns or Setups:
– OWL’s recent price action shows a bullish engulfing pattern, with a close at $10.33 after a higher high and higher low. This suggests potential bullish momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above all major EMAs (EMA8, EMA21, EMA50, EMA200), indicating strong upward momentum.
– Medium-term: The price above EMA200 suggests a bullish trend continuation, with recent price action reinforcing this view.
4. 🌐 Macro Alignment:
– Despite bearish trends in major indices like QQQ and SPY, OWL’s sector (Financial Services) may offer relative strength. The bullish technical setup in OWL contrasts with the broader market’s bearish sentiment, suggesting sector-specific resilience.
5. 💡 Trade Insight:
– Setup: Breakout potential. The price closing near the high ($10.55) with strong volume suggests a possible breakout above resistance.
– Risk: Given the broader market’s bearish sentiment, there’s a risk of reversal if macro pressures intensify. However, OWL’s strong technical position may attract buyers looking for relative strength.
Overall, OWL presents a bullish continuation setup, with potential for further gains if it can sustain momentum above $10.55. However, traders should remain cautious of broader market volatility.
PFE
PFE Technical Summary:
1. 📍 Key Support and Resistance Levels:
– Support: $30.14 (recent low)
– Resistance: $30.67 (recent high), with further resistance at $31.00
2. 🔎 Notable Chart Patterns or Setups:
– PFE shows a potential bullish continuation pattern, with the price closing above all significant EMAs (EMA8, EMA21, EMA50, EMA200), indicating strong upward momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above the EMA8 of $29.91.
– Medium-term: Bullish, with the price also above the EMA21 and EMA50, suggesting sustained upward momentum.
4. 🌐 Macro Alignment:
– Despite bearish trends in broader indices like QQQ and SPY, PFE’s strength in the healthcare sector may provide a defensive play. The macro context suggests caution, but PFE’s technicals show resilience, potentially benefiting from sector rotation into defensive stocks during market volatility.
5. 💡 Trade Insight:
– Setup Type: Continuation
– Risk: Moderate; while PFE shows bullish momentum, broader market volatility could pose risks. A break above $30.67 could signal further upside, targeting $31.00. However, a close below $30.14 may warrant caution.
Overall, PFE displays a robust technical setup, with potential for further gains, especially if market conditions stabilize or if investors seek defensive sectors.
1. 📍 Key Support and Resistance Levels:
– Support: $30.14 (recent low)
– Resistance: $30.67 (recent high), with further resistance at $31.00
2. 🔎 Notable Chart Patterns or Setups:
– PFE shows a potential bullish continuation pattern, with the price closing above all significant EMAs (EMA8, EMA21, EMA50, EMA200), indicating strong upward momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above the EMA8 of $29.91.
– Medium-term: Bullish, with the price also above the EMA21 and EMA50, suggesting sustained upward momentum.
4. 🌐 Macro Alignment:
– Despite bearish trends in broader indices like QQQ and SPY, PFE’s strength in the healthcare sector may provide a defensive play. The macro context suggests caution, but PFE’s technicals show resilience, potentially benefiting from sector rotation into defensive stocks during market volatility.
5. 💡 Trade Insight:
– Setup Type: Continuation
– Risk: Moderate; while PFE shows bullish momentum, broader market volatility could pose risks. A break above $30.67 could signal further upside, targeting $31.00. However, a close below $30.14 may warrant caution.
Overall, PFE displays a robust technical setup, with potential for further gains, especially if market conditions stabilize or if investors seek defensive sectors.
RKT
📊 RKT Technical Summary:
1. 📍 Key Support and Resistance Levels:
– Support: $12.22 (EMA50), $11.70 (EMA21)
– Resistance: $12.85 (recent high), $13.50 (EMA200)
2. 🔎 Notable Chart Patterns or Setups:
– RKT shows a strong bullish candlestick, closing near its high, suggesting buying momentum.
– The price is above EMA8, EMA21, and EMA50, indicating a short-term bullish trend.
3. 📊 Trend Analysis:
– Short-term: Bullish, supported by the price above key EMAs and a high-volume close.
– Medium-term: Neutral to bearish, as the price remains below the EMA200, indicating potential resistance.
4. 🌐 Macro Alignment:
– The broader market, as indicated by QQQ, SPY, and DIA, shows bearish momentum, suggesting caution. However, RKT’s sector (Financial Services) might be less affected by the tech-heavy indices’ downturns.
5. 💡 Trade Insight:
– Setup: Potential breakout, as RKT is testing resistance at $12.85. A close above this level could signal further upside.
– Risk: The macro context is bearish, which could hinder sustained upside. A failure to break above $12.85 may lead to a pullback towards $12.22.
Overall, RKT exhibits a bullish setup with potential for a breakout, but traders should be cautious due to the broader market’s bearish sentiment.
1. 📍 Key Support and Resistance Levels:
– Support: $12.22 (EMA50), $11.70 (EMA21)
– Resistance: $12.85 (recent high), $13.50 (EMA200)
2. 🔎 Notable Chart Patterns or Setups:
– RKT shows a strong bullish candlestick, closing near its high, suggesting buying momentum.
– The price is above EMA8, EMA21, and EMA50, indicating a short-term bullish trend.
3. 📊 Trend Analysis:
– Short-term: Bullish, supported by the price above key EMAs and a high-volume close.
– Medium-term: Neutral to bearish, as the price remains below the EMA200, indicating potential resistance.
4. 🌐 Macro Alignment:
– The broader market, as indicated by QQQ, SPY, and DIA, shows bearish momentum, suggesting caution. However, RKT’s sector (Financial Services) might be less affected by the tech-heavy indices’ downturns.
5. 💡 Trade Insight:
– Setup: Potential breakout, as RKT is testing resistance at $12.85. A close above this level could signal further upside.
– Risk: The macro context is bearish, which could hinder sustained upside. A failure to break above $12.85 may lead to a pullback towards $12.22.
Overall, RKT exhibits a bullish setup with potential for a breakout, but traders should be cautious due to the broader market’s bearish sentiment.
TSLA
📊 TSLA Technical Summary:
1. 📍 Key Support and Resistance Levels:
– Support: 387.52 (recent low)
– Resistance: 404.22 (recent high)
2. 🔎 Notable Chart Patterns or Setups:
– TSLA closed near its high, forming a bullish candlestick after testing support at 387.52, suggesting buying interest at lower levels.
3. 📊 Trend Analysis:
– Short-term: Bullish momentum, as the price is above the EMA8 (393.51) and EMA21 (382.34).
– Medium-term: The price is above the EMA50 (373.3) and EMA200 (376.07), indicating a strong upward trend.
4. 🌐 Macro Alignment:
– Despite bearish sentiment in broader indices like QQQ and SPY, TSLA shows resilience, aligning with IWM’s bullish momentum. This divergence suggests TSLA might be benefiting from sector-specific strength or investor rotation into consumer cyclicals.
5. 💡 Trade Insight:
– Setup Type: Potential breakout setup.
– Risk: Moderate, given macro volatility and recent index sell-offs. However, TSLA’s strong close and position above key EMAs suggest a bullish continuation if it breaks above 404.22.
– Traders should watch for a sustained move above 404.22 to confirm bullish momentum, while a drop below 387.52 could signal caution and potential reversal.
1. 📍 Key Support and Resistance Levels:
– Support: 387.52 (recent low)
– Resistance: 404.22 (recent high)
2. 🔎 Notable Chart Patterns or Setups:
– TSLA closed near its high, forming a bullish candlestick after testing support at 387.52, suggesting buying interest at lower levels.
3. 📊 Trend Analysis:
– Short-term: Bullish momentum, as the price is above the EMA8 (393.51) and EMA21 (382.34).
– Medium-term: The price is above the EMA50 (373.3) and EMA200 (376.07), indicating a strong upward trend.
4. 🌐 Macro Alignment:
– Despite bearish sentiment in broader indices like QQQ and SPY, TSLA shows resilience, aligning with IWM’s bullish momentum. This divergence suggests TSLA might be benefiting from sector-specific strength or investor rotation into consumer cyclicals.
5. 💡 Trade Insight:
– Setup Type: Potential breakout setup.
– Risk: Moderate, given macro volatility and recent index sell-offs. However, TSLA’s strong close and position above key EMAs suggest a bullish continuation if it breaks above 404.22.
– Traders should watch for a sustained move above 404.22 to confirm bullish momentum, while a drop below 387.52 could signal caution and potential reversal.
WMT
WMT Technical Summary:
1. 📍 Key Support and Resistance Levels:
– Support: 122.75 (recent low)
– Resistance: 124.51 (recent high)
2. 🔎 Notable Chart Patterns or Setups:
– WMT shows a bullish setup with the price closing near the day’s high, suggesting buying interest.
– The stock is trading above all key EMAs (EMA8, EMA21, EMA50, and EMA200), indicating strong upward momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above the EMA8 of 120.18.
– Medium-term: Bullish, supported by the price being above the EMA21 and EMA50.
– The 7-day range of 3.99% suggests moderate volatility, which is manageable for trend continuation.
4. 🌐 Macro Alignment:
– Despite a bearish macro environment for indices like QQQ and SPY, WMT, as a Consumer Defensive stock, may benefit from a flight to safety in uncertain market conditions. This sector often performs well during market downturns, providing a buffer against broader bearish trends.
5. 💡 Trade Insight:
– Setup: Continuation
– Risk: Moderate, given the macro backdrop and sector strength.
– Strategy: Consider a long position if WMT breaks above 124.51, targeting further upside. Maintain caution if broader market volatility increases, potentially impacting WMT’s upward trajectory. A stop-loss below 122.75 can manage downside risk.
1. 📍 Key Support and Resistance Levels:
– Support: 122.75 (recent low)
– Resistance: 124.51 (recent high)
2. 🔎 Notable Chart Patterns or Setups:
– WMT shows a bullish setup with the price closing near the day’s high, suggesting buying interest.
– The stock is trading above all key EMAs (EMA8, EMA21, EMA50, and EMA200), indicating strong upward momentum.
3. 📊 Trend Analysis:
– Short-term: Bullish, as the price is above the EMA8 of 120.18.
– Medium-term: Bullish, supported by the price being above the EMA21 and EMA50.
– The 7-day range of 3.99% suggests moderate volatility, which is manageable for trend continuation.
4. 🌐 Macro Alignment:
– Despite a bearish macro environment for indices like QQQ and SPY, WMT, as a Consumer Defensive stock, may benefit from a flight to safety in uncertain market conditions. This sector often performs well during market downturns, providing a buffer against broader bearish trends.
5. 💡 Trade Insight:
– Setup: Continuation
– Risk: Moderate, given the macro backdrop and sector strength.
– Strategy: Consider a long position if WMT breaks above 124.51, targeting further upside. Maintain caution if broader market volatility increases, potentially impacting WMT’s upward trajectory. A stop-loss below 122.75 can manage downside risk.