Dec. 9 at 12:36 AM
Actionable Trade Alert for
$APAM:
Market Context:
$APAM is currently trading at
$41.65, showing a moderate RSI of 54.39, indicating a neutral momentum. The stock is positioned between its 60-day high of
$46.3 and low of
$40.32, suggesting potential for upward movement.
Directional Bias: The stock is below both the 30-day MA (42.83) and 50-day MA (43.09), indicating a bearish short-term trend. However, the RSI suggests it is not overbought, allowing for a potential reversal.
Trade Plan:
- Suggested Entry:
$41.70 (slightly above the last close to confirm upward momentum)
- Stop Loss:
$40.00 (to limit losses)
- Take Profit Targets:
1. Target 1:
$43.00 (5% gain)
2. Target 2:
$44.50 (7% gain)
3. Target 3:
$48.00 (15% gain, 17% ROI)
Monitor price action closely, as breaking above the 30-day MA could signal a stronger bullish trend.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
