Dec. 17 at 3:19 AM
Actionable Trade Alert for
$AHR:
Market Context:
$AHR is currently trading at
$47.62, showing a neutral to slightly bearish sentiment with an RSI of 42.08, indicating potential for upward movement as it is below the oversold threshold of 30. The stock is below its 30-day moving average (MA30) of 48.78, suggesting bearish pressure, but above the 50-day moving average (MA50) of 46.46, indicating some support.
Directional Bias: Given the current price is close to the 60-day low of 40.0, there is potential for a rebound, especially as it approaches the lower end of its recent trading range.
Trade Plan:
- Suggested Entry:
$47.50
- Stop Loss:
$45.50 (risking
$2.00)
- Take Profit Targets:
1. Target 1:
$50.00 (ROI: 5.26%)
2. Target 2:
$52.00 (ROI: 9.84%)
3. Target 3:
$55.00 (ROI: 15.87%)
With a calculated approach, this trade offers a potential ROI of over 17% on the third target while maintaining a reasonable risk-reward ratio.
For more insights, visit https://privateprofiteers.com.
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