Dec. 6 at 3:08 AM
Actionable Trade Alert for
$CACC
Market Context: The last close for
$CACC is
$460.93, showing a solid position above the 30-day moving average (MA30) of
$450.29. The RSI at 58.85 indicates bullish momentum, suggesting potential for further upside.
Directional Bias: The price is currently near the midpoint of the 60-day high (
$526.4) and low (
$401.9), which supports a bullish outlook. The price is also below the 50-day moving average (MA50) of
$464.27, indicating a potential breakout opportunity.
Trade Plan:
- Suggested Entry:
$462.00 (slightly above last close)
- Stop Loss:
$444.00 (below MA30)
- Take Profit Targets:
- Target 1:
$480.00 (3.9% gain)
- Target 2:
$500.00 (8.4% gain)
- Target 3:
$540.00 (17.1% gain)
This plan provides a clear path to capitalize on the bullish momentum while maintaining a disciplined risk management strategy.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
