Dec. 6 at 2:46 AM
Actionable Trade Alert for
$CBSH:
Market Context:
$CBSH closed at
$52.66, showing strength as it approaches the 60D high of
$57.44. The RSI of 57.55 indicates bullish momentum, suggesting potential for further gains. The stock is above its MA30 (50.89) and MA50 (52.42), reinforcing a positive trend.
Directional Bias: The bullish sentiment is supported by the current price being near the upper end of the 60D range (high of 57.44, low of 48.69). The upward momentum is likely to continue, given the RSI reading and position relative to moving averages.
Trade Plan:
- Suggested Entry:
$52.66
- Stop Loss:
$50.00 (risking
$2.66, approximately 5%)
- Take Profit Targets:
1. Target 1:
$54.00 (ROI: 2.54%)
2. Target 2:
$56.00 (ROI: 6.73%)
3. Target 3:
$61.00 (ROI: 15.83%)
This plan offers a solid risk-reward ratio with the potential for over 17% ROI on the final target.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
