Dec. 10 at 3:10 AM
Actionable Trade Alert for
$BIIB:
Market Context:
$BIIB closed at
$175.84, showing strong momentum as it approaches its 60D high of
$185.17. The RSI of 61.78 indicates bullish momentum, suggesting potential for further upside.
Directional Bias: The current price is above the 30-day moving average (MA30) of 166.76 and the 50-day moving average (MA50) of 159.51, indicating a bullish trend. The RSI is not yet overbought, allowing room for growth.
Trade Plan:
- Suggested Entry:
$176.00
- Stop Loss:
$170.00 (3.4% below entry)
- Take Profit Targets:
- Target 1:
$180.00 (2.3% gain)
- Target 2:
$185.00 (5.1% gain)
- Target 3:
$205.00 (16.6% gain)
With these targets, the third take profit offers a potential ROI of over 17%. Monitor the trade closely and adjust the stop loss to lock in profits as targets are reached.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
