Dec. 10 at 3:38 AM
Actionable Trade Alert for
$AGNC:
Market Context:
$AGNC closed at
$10.34, showing a strong position above its 30-day (
$10.27) and 50-day (
$10.17) moving averages, indicating bullish momentum. The RSI of 60.75 suggests that the stock is nearing overbought territory but still has room for upward movement.
Directional Bias: The stock is currently trading within a range defined by its 60-day high of
$10.67 and low of
$9.66. Given the current price and technical indicators, there is a bullish outlook for
$AGNC.
Trade Plan:
- Suggested Entry:
$10.35 (slightly above the last close to confirm momentum)
- Stop Loss:
$10.15 (below the 30-day MA for risk management)
- Take Profit Targets:
1.
$10.50 (5% gain)
2.
$10.67 (3.2% gain, targeting the 60-day high)
3.
$12.10 (17% gain, aiming for a significant breakout)
This plan provides a balanced risk-reward ratio while capitalizing on the stock's current bullish trend.
For more insights, visit https://privateprofiteers.com.
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