Dec. 17 at 3:14 AM
Actionable Trade Alert for
$ARE:
Market Context:
$ARE is currently trading at
$46.97, below its 30-day moving average (MA30) of
$50.88 and 50-day moving average (MA50) of
$59.67, indicating bearish sentiment. The RSI at 37.71 suggests that the stock is approaching oversold conditions, which may lead to a potential reversal.
Directional Bias: Given the current price is closer to the 60-day low of
$44.1 than the high of
$87.54, there’s a bearish bias. However, the RSI indicates a possible bounce back, making this a potential buying opportunity.
Trade Plan:
- Suggested Entry:
$47.00
- Stop Loss:
$44.00 (risking
$3.00)
- Take Profit Targets:
1.
$52.00 (17% ROI)
2.
$56.00 (19% ROI)
3.
$55.00 (17% ROI)
This plan allows for a calculated risk-reward ratio while aiming for a significant return. Monitor closely for any changes in market conditions.
https://privateprofiteers.com
