Dec. 19 at 3:18 PM
Actionable Trade Alert for
$BLK:
Market Context:
$BLK is currently trading at
$1064.99, showing a moderate bullish sentiment with an RSI of 58.22, indicating potential for upward movement. The price is above the 30-day moving average (MA30) of 1057.39 but below the 50-day moving average (MA50) of 1088.32, suggesting a consolidation phase.
Directional Bias: The RSI indicates that the asset is not overbought, allowing for further upside potential. The recent high of
$1219.94 provides a target range, while the 60-day low of
$990.58 offers a solid support level.
Trade Plan:
- Suggested Entry:
$1065.00
- Stop Loss:
$1045.00 (2% below entry)
- Take Profit Targets:
1. Target 1:
$1100.00 (3.2% ROI)
2. Target 2:
$1150.00 (8.0% ROI)
3. Target 3:
$1240.00 (16.5% ROI)
This plan provides a clear path to capitalize on potential upward momentum while managing risk effectively.
https://privateprofiteers.com
