Dec. 8 at 11:31 PM
$AIT Actionable Trade Alert:
Market Context:
$AIT is currently trading at
$255.35, showing strength but with an RSI of 72.24, indicating it may be overbought. The stock is near its 60D high of
$270.71, suggesting potential resistance ahead.
Directional Bias: Given the high RSI and proximity to the 60D high, we anticipate a pullback before any significant upward movement. However, the moving averages (MA30 at 254.3 and MA50 at 254.21) provide support, indicating a bullish trend in the short term.
Trade Plan:
- Suggested Entry:
$254.00 (below current price to capture potential dip)
- Stop Loss:
$248.00 (to limit downside risk)
- Take Profit Targets:
1.
$260.00 (Target 1, 2.00% ROI)
2.
$265.00 (Target 2, 4.00% ROI)
3.
$299.00 (Target 3, 17.00% ROI)
Monitor the stock closely for any signs of reversal. Execute trades with caution, considering market volatility.
https://privateprofiteers.com
