Dec. 19 at 5:06 PM
Actionable Trade Alert for
$ACA:
Market Context:
$ACA is currently trading at
$109.68, showing bullish momentum with an RSI of 60.62, indicating potential for further upward movement. The recent price is above the 30-day moving average (MA30) of
$104.73 and the 50-day moving average (MA50) of
$100.57, suggesting a strong bullish trend.
Directional Bias: The price is approaching the 60-day high of
$113.25, which can act as a resistance level. Given the current RSI and the position above key moving averages, the bias remains bullish.
Trade Plan:
- Suggested Entry:
$110.00
- Stop Loss:
$106.00 (below recent support)
- Take Profit Targets:
1.
$112.00 (approx. 1.82% gain)
2.
$114.50 (approx. 4.55% gain)
3.
$128.00 (approx. 16.68% gain)
This strategy aims for a minimum of 17% ROI on the third target while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
