Dec. 10 at 2:42 AM
Actionable Trade Alert for
$AMT:
Market Context:
$AMT is currently trading at
$179.57, with a neutral RSI of 45.29, indicating a lack of momentum but potential for upward movement. The stock is below its 30-day moving average of
$179.9 and significantly below its 50-day moving average of
$183.7, suggesting a short-term bearish trend but potential for reversal.
Directional Bias: The price is within the 60-day high of
$199.13 and low of
$174.35, indicating a range-bound market. The ATR of 3.58 suggests moderate volatility, allowing for reasonable price movement.
Trade Plan:
- Suggested Entry:
$179.57
- Stop Loss:
$174.00 (approximately 3.2% below entry)
- Take Profit Targets:
1. Target 1:
$185.00 (3% gain)
2. Target 2:
$190.00 (5.8% gain)
3. Target 3:
$210.00 (17% gain)
This plan offers a solid risk-reward ratio with potential for significant returns. Monitor closely for price action.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
