Dec. 12 at 12:09 AM
Actionable Trade Alert for
$CCCS:
Market Context:
$CCCS is currently trading at
$7.22, with a neutral RSI of 50.36, indicating indecision in the market. The stock is below its 30-day moving average (MA30) of
$7.56 and significantly below its 50-day moving average (MA50) of
$8.21, suggesting potential upward momentum if it breaks above these levels.
Directional Bias: The price is near the 60-day low of
$6.96, which may attract buyers looking for a rebound. A break above the MA30 could signal a bullish trend, especially with the potential to reach the 60-day high of
$9.83.
Trade Plan:
- Suggested Entry:
$7.30 (break above MA30)
- Stop Loss:
$6.90 (below recent low)
- Take Profit Targets:
1.
$8.00 (9.6% ROI)
2.
$8.50 (16.5% ROI)
3.
$8.50 (17.6% ROI)
This setup offers a favorable risk-reward ratio with a focus on upward momentum. Monitor the price action closely for entry confirmation.
https://privateprofiteers.com