Dec. 25 at 2:41 PM
Actionable Trade Alert for
$APLD:
Market Context:
$APLD is currently trading at
$25.72, below its 30-day moving average (MA30) of
$26.23 and significantly below its 60-day high of
$40.2. The Relative Strength Index (RSI) at 38.17 indicates that the stock is nearing oversold territory, suggesting a potential reversal.
Directional Bias: Given the current RSI and the proximity to the 60-day low of
$19.0, there is a bullish bias as it may bounce back towards the MA30.
Trade Plan:
- Suggested Entry:
$25.72
- Stop Loss:
$23.50 (approximately 8.6% below entry)
- Take Profit Targets:
1. Target 1:
$28.00 (TP1: 8.9% ROI)
2. Target 2:
$30.00 (TP2: 16.7% ROI)
3. Target 3:
$30.00 (TP3: 17.5% ROI)
This plan provides a clear strategy with a potential ROI of over 17% at the third target, while maintaining a manageable risk.
For further insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
