Dec. 25 at 3:34 PM
Actionable Trade Alert for
$COLD
Market Context:
$COLD is currently trading at
$12.57, showing strength as it approaches its 60D high of
$14.1. The RSI at 67.81 indicates that the stock is nearing overbought territory, suggesting a potential pullback or consolidation before further upward movement.
Directional Bias: The bullish sentiment is supported by the price being above the 30-day MA of
$11.4 and the 50-day MA of
$12.02. The price action indicates a strong upward trend, but caution is warranted due to the RSI level.
Trade Plan:
- Entry:
$12.60 (slightly above the last close to confirm upward momentum).
- Stop Loss:
$12.10 (to limit downside risk).
- Take Profit Targets:
- TP1:
$13.00 (approx. 3.2% gain).
- TP2:
$13.75 (approx. 9.3% gain).
- TP3:
$14.00 (approx. 12.5% gain).
To achieve a minimum of 17% ROI, consider scaling out or adjusting targets based on market conditions.
Stay vigilant and adjust your strategy as needed.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
