Dec. 25 at 1:28 PM
Actionable Trade Alert for
$CEG:
Market Context:
$CEG is currently trading at
$363.95, showing a neutral RSI of 48.22, indicating no immediate overbought or oversold conditions. The stock is positioned between its 60D high of
$412.7 and low of
$323.88, suggesting potential for upward movement.
Directional Bias: The stock's current price is above the 30-day moving average (MA30) of
$355.4 but slightly below the 50-day moving average (MA50) of
$362.92. This indicates a potential bullish reversal if it can break above the MA50.
Trade Plan:
- Suggested Entry:
$365.00
- Stop Loss:
$348.00 (4.7% below entry)
- Take Profit Targets:
- Target 1:
$380.00 (4.1% gain)
- Target 2:
$400.00 (9.6% gain)
- Target 3:
$425.00 (16.5% gain)
With a potential ROI of 16.5% at Target 3, this trade offers a favorable risk-reward ratio. Monitor closely for price action around the MA50.
https://privateprofiteers.com
