Dec. 6 at 3:48 AM
Actionable Trade Alert for
$ALRM:
Market Context:
$ALRM is currently trading at
$51.92, showing a moderate bullish sentiment with an RSI of 56.48, indicating potential for upward movement. The stock is above its 30-day MA of
$50.21 and 50-day MA of
$50.67, suggesting a positive trend.
Directional Bias: The price is closer to the 60-day high of
$56.85, indicating bullish momentum. The ATR of
$1.37 suggests moderate volatility, allowing for reasonable price movements.
Trade Plan:
- Suggested Entry:
$52.00
- Stop Loss:
$48.50 (approximately 6% below entry)
- Take Profit Targets:
1. Target 1:
$54.00 (4% gain)
2. Target 2:
$55.50 (6% gain)
3. Target 3:
$60.00 (15.8% gain)
The third target provides a potential ROI of over 17% from the entry point. Monitor the stock closely for any changes in momentum.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
