Dec. 15 at 8:01 AM
Actionable Trade Alert for
$AVNT:
Market Context:
$AVNT is currently trading at
$30.96, showing bullish momentum as indicated by an RSI of 63.32, suggesting it is nearing overbought territory but still has room to grow. The stock is above its 30-day MA of
$30.15 and 50-day MA of
$30.83, reinforcing a positive directional bias.
Trade Plan:
- Suggested Entry:
$31.00 (slightly above the last close to confirm momentum)
- Stop Loss:
$29.50 (to limit potential losses)
- Take Profit Targets:
1. Target 1:
$32.50 (5% gain)
2. Target 2:
$34.00 (10% gain)
3. Target 3:
$36.00 (16.5% gain, achieving over 17% ROI)
The 60-day high of
$36.50 provides a strong resistance level, while the 60-day low of
$27.48 offers support. Monitor RSI for potential reversal signals as the price approaches targets.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
