Dec. 6 at 2:52 AM
Actionable Trade Alert for
$BYD:
Market Context:
$BYD is currently trading at
$81.37, positioned between its 60D high of
$88.49 and low of
$76.33. The RSI at 51.86 indicates a neutral stance, suggesting potential for upward movement. The MA30 at
$80.42 shows short-term support, while the MA50 at
$81.94 indicates resistance.
Directional Bias: Given the current price is above the MA30 but below the MA50, there is a slight bullish bias. The price action is within a healthy range, and the ATR of 1.71 indicates moderate volatility, allowing for potential profit opportunities.
Trade Plan:
- Suggested Entry:
$81.50
- Stop Loss:
$78.00 (approx. 4.5% risk)
- Take Profit Targets:
1.
$84.00 (4.5% ROI)
2.
$87.00 (6.5% ROI)
3.
$95.00 (17% ROI)
This plan targets a significant upside while managing risk effectively. Monitor closely for market changes.
For more insights, visit https://privateprofiteers.com.
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