Dec. 10 at 3:34 AM
Actionable Trade Alert for
$ALB:
Market Context:
$ALB is currently trading at
$129.29, showing a bullish sentiment with an RSI of 57.9, indicating potential upward momentum. The price is above both the 30-day MA of 112.78 and the 50-day MA of 104.84, reinforcing a positive trend.
Directional Bias: The recent price action is near the 60-day high of 132.9, suggesting a strong resistance level. However, the RSI indicates that the stock is not overbought, allowing for further upside potential.
Trade Plan:
- Suggested Entry:
$129.50
- Stop Loss:
$122.00 (approximately 5.7% below entry)
- Take Profit Targets:
1. Target 1:
$135.00 (4.5% gain)
2. Target 2:
$140.00 (8.2% gain)
3. Target 3:
$151.00 (16.7% gain)
The third target offers a potential ROI of over 17%, aligning with our objective. Monitor price action closely for adjustments.
https://privateprofiteers.com
