Dec. 10 at 3:08 AM
Actionable Trade Alert for
$AWK:
Market Context:
$AWK is currently trading at
$128.15, showing a moderate RSI of 44.79, indicating a neutral market sentiment. The stock is below both the 30-day MA of
$129.91 and the 50-day MA of
$134.37, suggesting a bearish trend in the short to medium term. The 60-day high of
$145.64 and low of
$123.90 indicates a trading range that could provide opportunities for a rebound.
Directional Bias: With the current RSI below 50 and the price under the moving averages, we lean bearish. However, the proximity to the 60-day low suggests a potential reversal.
Trade Plan:
- Suggested Entry:
$126.50 (slightly below current price for confirmation of support)
- Stop Loss:
$123.50 (to limit downside risk)
- Take Profit Targets:
1.
$132.00 (Target 1: 4.3% ROI)
2.
$136.00 (Target 2: 6.1% ROI)
3.
$150.00 (Target 3: 17% ROI)
This plan allows for a strategic entry with defined risk and reward.
For more insights, visit https://privateprofiteers.com.
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