Dec. 25 at 2:26 PM
Actionable Trade Alert for
$AGNC:
Market Context:
$AGNC is currently trading at
$10.84, showing strength with an RSI of 63.16, indicating potential overbought conditions but still room for upward movement. The stock is above its 30-day moving average (MA30) of
$10.40 and 50-day moving average (MA50) of
$10.29, suggesting bullish momentum. The recent high of
$10.89 is close, indicating resistance, while the low of
$9.74 provides a solid support level.
Directional Bias: Bullish. The stock's position above key moving averages and its proximity to the 60D high supports an upward trend, despite the RSI indicating potential overbought conditions.
Trade Plan:
- Suggested Entry:
$10.85
- Stop Loss:
$10.50 (3.2% risk)
- Take Profit Targets:
1.
$11.05 (2% gain)
2.
$11.25 (3.8% gain)
3.
$12.70 (17.2% gain)
This plan allows for a solid risk-to-reward ratio while targeting a significant ROI on the final take profit.
https://privateprofiteers.com
