Dec. 25 at 2:40 PM
$AUR: Actionable Trade Alert
Market Context:
$AUR is currently trading at
$4.10, showing bearish momentum with an RSI of 32.59, indicating oversold conditions. The price is below the 30-day MA of
$4.17 and the 50-day MA of
$4.47, suggesting a potential reversal opportunity as it approaches the 60-day low of
$3.60.
Directional Bias: With the RSI indicating oversold conditions and the price near the lower end of its 60-day range, there is potential for a rebound. A move towards the 60-day high of
$5.74 is plausible, providing a favorable risk-reward scenario.
Trade Plan:
- Suggested Entry:
$4.10
- Stop Loss:
$3.60 (risking
$0.50)
- Take Profit Targets:
1.
$4.50 (TP1) - 9.76% ROI
2.
$4.90 (TP2) - 19.51% ROI
3.
$5.00 (TP3) - 22.00% ROI
This trade plan offers a clear path to a minimum of 17% ROI on TP3 while managing risk effectively.
https://privateprofiteers.com
