Dec. 25 at 1:55 PM
Actionable Trade Alert for
$CHTR:
Market Context:
$CHTR is currently trading at
$208.46, showing a bullish sentiment with an RSI of 61.52, indicating momentum but not yet overbought. The stock is above its 30-day moving average (MA30) of
$203.95, suggesting a positive short-term trend, while the 50-day moving average (MA50) at
$217.1 indicates potential resistance.
Directional Bias: The proximity to the 60-day high of
$284.6 provides an upside target, while the 60-day low of
$193.0 establishes a solid support level. The ATR of 5.69 suggests moderate volatility, allowing for reasonable price movement.
Trade Plan:
- Suggested Entry:
$210.00
- Stop Loss:
$204.00 (risking
$6.00)
- Take Profit Targets:
1.
$220.00 (5% gain)
2.
$240.00 (14.2% gain)
3.
$245.00 (17.5% gain)
This plan offers a favorable risk-reward ratio with a potential ROI of over 17% on the third target.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
