Dec. 6 at 2:59 AM
Actionable Trade Alert for
$BFAM:
Market Context:
$BFAM is currently trading at
$103.99, showing strength with an RSI of 59.21, indicating bullish momentum. The stock is above its 30-day MA of 100.45 and 50-day MA of 101.28, suggesting a positive trend.
Directional Bias: The price is positioned well within the 60-day range of
$91.49 to
$114.42, providing room for upward movement. The current RSI indicates potential for further gains, as it is not yet overbought.
Trade Plan:
- Suggested Entry:
$104.50 (slightly above the last close to confirm upward momentum)
- Stop Loss:
$100.00 (below the 30-day MA to limit risk)
- Take Profit Targets:
1.
$108.00 (3% gain)
2.
$111.00 (6.5% gain)
3.
$122.00 (17.4% gain)
With a calculated risk-reward ratio, this trade plan offers a solid opportunity for profit. Monitor closely for any changes in momentum.
For more insights, visit https://privateprofiteers.com.
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