Dec. 8 at 11:54 PM
Actionable Trade Alert for
$BRKR:
Market Context:
$BRKR is currently trading at
$45.97, showing strong momentum as indicated by an RSI of 66.03, suggesting it is nearing overbought territory. However, the price is well above its 30-day MA of 43.21 and 50-day MA of 40.44, indicating bullish sentiment and potential for further gains.
Directional Bias: The recent high of
$49.72 suggests a resistance level, while the low of
$30.09 provides a strong support base. The upward trend is supported by the distance from the moving averages, indicating that the stock may continue to rise before a potential correction.
Trade Plan:
- Suggested Entry:
$46.50
- Stop Loss:
$43.50 (3% below entry)
- Take Profit Targets:
1.
$48.00 (3.2% ROI)
2.
$49.00 (5.4% ROI)
3.
$54.00 (16.5% ROI)
This plan offers a potential ROI of over 17% on the third target while maintaining a manageable risk. Monitor the stock closely for volatility.
For more insights, visit https://privateprofiteers.com.
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