Dec. 6 at 1:20 AM
Actionable Trade Alert for
$CSCO:
Market Context:
$CSCO is currently trading at
$77.76, showing a neutral RSI of 51.93, indicating a balanced market sentiment. The stock is above its 30-day MA of 74.51 and 50-day MA of 72.29, suggesting a bullish trend.
Directional Bias: Given the current price is near the 60D high of
$80.06, there is potential for upward movement. The RSI indicates no overbought conditions, allowing for further gains.
Trade Plan:
- Suggested Entry:
$78.00 (slightly above the last close to confirm upward momentum)
- Stop Loss:
$75.00 (below the 30-day MA for risk management)
- Take Profit Targets:
1.
$80.00 (2.6% gain)
2.
$82.00 (5.5% gain)
3.
$91.00 (16.8% gain)
This plan aims for a minimum of 17% ROI on the third target. Monitor the stock closely for any shifts in momentum.
For more insights, visit https://privateprofiteers.com.
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