Dec. 15 at 6:37 AM
Actionable Trade Alert for
$BLD:
Market Context:
$BLD is currently trading at
$435.91, showing a neutral RSI at 52.3, indicating a balanced market sentiment. The stock is above both the 30-day MA of
$429.84 and the 50-day MA of
$430.66, suggesting a bullish trend in the short term. The recent high of
$461.49 indicates potential upside, while the low of
$386.5 provides a solid support level.
Directional Bias: With the current price above the moving averages and a neutral RSI, there is potential for upward momentum. The stock is positioned to break out towards the recent highs.
Trade Plan:
- Suggested Entry:
$436.50
- Stop Loss:
$420.00 (3.6% below entry)
- Take Profit Targets:
- Target 1:
$450.00 (3.1% gain)
- Target 2:
$460.00 (5.3% gain)
- Target 3:
$510.00 (16.9% gain)
This setup offers a strong risk-reward ratio, aiming for a minimum 17% ROI on the third target.
For more insights, visit https://privateprofiteers.com.
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