Dec. 15 at 5:35 AM
Actionable Trade Alert for
$CSCO:
Market Context:
$CSCO is currently trading at
$77.8, showing strength with an RSI of 59.55, indicating bullish momentum without being overbought. The price is above the 30-day MA of
$76.0 and significantly above the 50-day MA of
$73.6, suggesting a positive trend. The 60-day high of
$80.82 offers a potential resistance level, while the low of
$66.81 provides a solid support base.
Directional Bias: Bullish. The price action above key moving averages and a healthy RSI supports upward momentum.
Trade Plan:
- Suggested Entry:
$78.00
- Stop Loss:
$75.50 (3.2% risk)
- Take Profit Targets:
1.
$80.00 (2.56% gain)
2.
$81.50 (4.84% gain)
3.
$91.00 (16.8% gain)
The third target provides a potential ROI of 17% or more, aligning with our strategy. Monitor the trade closely and adjust the stop loss to lock in profits as targets are reached.
For more insights, visit https://privateprofiteers.com.
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