Dec. 6 at 2:05 AM
$CG: Current market context shows a strong bullish sentiment, with the last close at
$56.3. The RSI at 64.02 indicates that the stock is nearing overbought territory but still has room for upward movement. The 30-day moving average (MA30) at
$53.93 suggests a solid support level, while the 50-day moving average (MA50) at
$56.52 is close to the current price, indicating potential resistance. The 60-day high of
$69.85 presents a target for bullish trades, while the low of
$50.39 provides a safety net.
Actionable Trade Plan:
- Suggested Entry:
$56.5
- Stop Loss:
$54.5 (1.8% below entry)
- Take Profit Targets:
1.
$60 (6.5% ROI)
2.
$64 (13.5% ROI)
3.
$66 (17% ROI)
The trade plan leverages the bullish momentum indicated by the RSI and proximity to MA30. With a clear risk-reward ratio and defined targets, this plan aims for substantial returns.
https://privateprofiteers.com
