Dec. 9 at 12:47 AM
Actionable Trade Alert for
$ACLS:
Market Context:
$ACLS closed at
$91.00, nearing its 60D high of
$102.93, indicating bullish momentum. However, the RSI at 69.14 suggests it is approaching overbought territory, which may lead to short-term pullbacks.
Directional Bias: The stock is in a bullish trend, supported by the MA30 at
$82.82 and MA50 at
$84.08. The proximity to the 60D high indicates potential resistance, but momentum remains strong.
Trade Plan:
- Suggested Entry:
$91.50 (slightly above the close to confirm upward momentum).
- Stop Loss:
$87.50 (below MA30 and recent support).
- Take Profit Targets:
1.
$95.00 (4.1% gain)
2.
$99.00 (8.8% gain)
3.
$106.00 (16.5% gain, achieving over 17% ROI).
This plan capitalizes on the bullish trend while managing risk effectively. Monitor RSI for potential reversals.
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