Dec. 25 at 3:02 PM
Actionable Trade Alert for
$AMTM:
Market Context:
$AMTM is currently showing bullish momentum with a last close of
$29.91. The RSI at 56.27 indicates that the stock is neither overbought nor oversold, suggesting room for upward movement. The stock is above its 30-day MA of
$27.43 and 50-day MA of
$25.43, reinforcing a bullish trend.
Directional Bias: The stock is positioned well within its 60-day high of
$31.87 and low of
$21.11, indicating potential for growth. The ATR of 0.97 suggests moderate volatility, which can be advantageous for traders.
Trade Plan:
- Suggested Entry:
$29.91
- Stop Loss:
$28.50 (approximately 4.7% below entry)
- Take Profit Targets:
1.
$31.00 (7% ROI)
2.
$32.50 (8.6% ROI)
3.
$35.00 (17% ROI)
This plan offers a solid risk-reward ratio, aiming for significant returns while maintaining a manageable stop loss.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
