Dec. 11 at 11:11 PM
Actionable Trade Alert for
$CTRA:
Market Context:
$CTRA is currently trading at
$26.51, showing bullish momentum as it approaches the 60-day high of
$28.00. The RSI at 59.89 indicates that the stock is nearing overbought territory but still has room for upward movement. The MA30 at
$26.13 and MA50 at
$25.04 suggest a strong upward trend, supporting a bullish bias.
Directional Bias: The stock is above both the MA30 and MA50, indicating positive momentum. With the RSI below 70, there is potential for further gains before reaching overbought conditions.
Trade Plan:
- Suggested Entry:
$26.51
- Stop Loss:
$25.80 (approximately 2.67% below entry)
- Take Profit Targets:
1. Target 1:
$27.50 (3.70% ROI)
2. Target 2:
$28.00 (5.82% ROI)
3. Target 3:
$31.00 (16.53% ROI)
This plan provides a favorable risk-reward ratio with the potential for over 17% ROI on the final target.
For more insights, visit https://privateprofiteers.com.
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