Dec. 25 at 1:28 PM
Actionable Trade Alert for
$COP:
Market Context: Currently,
$COP is trading at
$91.8, within a defined range between its 60-day high of
$97.71 and low of
$85.57. The RSI at 46.92 indicates a neutral position, suggesting potential for upward movement.
Directional Bias: The price is above the 30-day moving average (MA30) of
$91.22 and the 50-day moving average (MA50) of
$89.86, indicating bullish momentum. The proximity to the 60-day high supports a bullish outlook.
Trade Plan:
- Suggested Entry:
$92.00
- Stop Loss:
$89.50 (approximately 2.5% below entry)
- Take Profit Targets:
1.
$94.00 (2.17% ROI)
2.
$96.00 (4.35% ROI)
3.
$107.00 (16.48% ROI)
With this plan, the third target provides over 17% ROI, aligning with our profit objectives. Monitor the price action closely and adjust the stop loss to secure profits as targets are met.
https://privateprofiteers.com
