Dec. 9 at 12:28 AM
Actionable Trade Alert for
$BLTE:
Market Context:
$BLTE is currently trading at
$147.07, showing strong momentum as indicated by an RSI of 66.69, suggesting it is nearing overbought territory but still has room for upward movement. The stock's recent performance is supported by its proximity to the 60D high of
$160.55, providing a bullish sentiment.
Directional Bias: The stock is above its 30-day moving average (MA30) of 121.29 and 50-day moving average (MA50) of 105.48, indicating a strong uptrend. The current price is significantly higher than the 60D low of 64.8, reinforcing the bullish outlook.
Trade Plan:
- Suggested Entry:
$147.07
- Stop Loss:
$138.00 (approx. 6% below entry)
- Take Profit Targets:
1.
$155.00 (5.4% ROI)
2.
$165.00 (12.2% ROI)
3.
$172.00 (17% ROI)
This plan capitalizes on the upward momentum while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
