Dec. 11 at 11:27 PM
Actionable Trade Alert for
$CLX
Market Context:
$CLX is currently trading at
$102.85, showing a moderate bullish sentiment with an RSI of 58.27. The price is above the 60D low of
$98.2, indicating a potential upward trend. However, it remains below the 30-day moving average (MA30) of
$105.22 and the 50-day moving average (MA50) of
$110.55, suggesting resistance levels ahead.
Directional Bias: The RSI indicates that
$CLX is neither overbought nor oversold, allowing for potential upward movement. The proximity to the 60D high of
$125.67 provides a favorable upside target.
Trade Plan:
- Suggested Entry:
$103.00
- Stop Loss:
$100.50 (Risking
$2.50)
- Take Profit Targets:
1. TP1:
$107.00 (Target 1 - 3.88% ROI)
2. TP2:
$111.00 (Target 2 - 7.93% ROI)
3. TP3:
$120.00 (Target 3 - 16.68% ROI)
This plan allows for a potential ROI of over 17% on the final target while managing risk effectively.
https://privateprofiteers.com
