$RAY **Bullish Analysis of Ray (RAY) – December 2024**

Today, Ray (RAY) shows a promising upward momentum as it maintains support above $5, currently trading around $5.319. This reflects a solid buyer interest, suggesting the market is bullish in the short term. If the price sustains above the $5.25 level, we could see it pushing toward the next resistance level near $5.60.

The key indicators, including increasing volume and a bullish RSI, imply that RAY has the potential for growth. However, it’s important to stay alert for any major market shifts.

**Target Price:** $5.60 (next resistance)

**Buy Price:** $5.30 - $5.35 (ideal entry point)

If the price drops below $5.20, a cautious approach might be prudent until market conditions become clearer. But with the current trend, RAY is showing positive signs for further upside potential.