Dec. 6 at 3:47 AM
$ABM Actionable Trade Alert:
Market Context: The last close at
$44.29 indicates a bullish sentiment, with the RSI at 63.47 suggesting the stock is nearing overbought territory but still has room to run. The 30-day moving average (MA30) at
$42.9 supports a bullish trend, while the 50-day moving average (MA50) at
$43.96 confirms upward momentum.
Directional Bias: The stock is currently trading above both the MA30 and MA50, indicating a strong upward trend. The recent high of
$47.16 shows potential resistance, while the low of
$40.0 provides a solid support level.
Trade Plan:
- Suggested Entry:
$44.50 (slightly above last close)
- Stop Loss:
$42.50 (to limit risk)
- Take Profit Targets:
1.
$46.00 (4% gain)
2.
$47.00 (6% gain)
3.
$51.00 (15% gain, 17% ROI)
This plan capitalizes on the current upward trend while managing risk effectively.
https://privateprofiteers.com
