Dec. 25 at 1:22 PM
Actionable Trade Alert for
$ABT:
Market Context:
$ABT is currently trading at
$124.81, showing a neutral RSI of 48.18, indicating no immediate overbought or oversold conditions. The stock is positioned between its 60D high of
$135.45 and low of
$120.7, suggesting potential for movement within this range.
Directional Bias: With the current price below the 30-day (126.38) and 50-day (126.4) moving averages, there is a slight bearish sentiment. However, the proximity to the 60D low could provide a bounce opportunity.
Trade Plan:
- Suggested Entry:
$124.81
- Stop Loss:
$120.00 (below the 60D low)
- Take Profit Targets:
1.
$128.00 (3.5% ROI)
2.
$132.00 (5.8% ROI)
3.
$146.00 (17% ROI)
This plan offers a solid risk-reward ratio, targeting significant upside while maintaining a manageable stop loss. Monitor price action closely for entry confirmation.
https://privateprofiteers.com
