Dec. 17 at 4:00 AM
$ABG Trade Alert: Current close at
$242.15 indicates a bullish trend, but with an RSI of 69.89, it suggests the stock is nearing overbought territory. The MA30 at
$230.12 and MA50 at
$235.01 provide solid support levels, indicating a strong upward momentum. The recent 60D high of
$257.8 suggests potential for further gains, while the 60D low of
$210.67 shows a significant range for volatility.
Action Plan:
- Suggested Entry:
$242.15
- Stop Loss:
$232.00 (below MA30)
- Take Profit Targets:
- Target 1:
$250.00 (3.2% ROI)
- Target 2:
$255.00 (5.3% ROI)
- Target 3:
$285.00 (17.7% ROI)
Directional bias remains bullish, but caution is advised due to the high RSI. Monitor for potential pullbacks and adjust targets accordingly.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
