Dec. 5 at 10:13 PM
Actionable Trade Alert for
$CUBE:
Market Context:
$CUBE is currently trading at
$36.81, showing a neutral RSI of 51.97, indicating no strong momentum in either direction. The stock is positioned between its 60D high of
$42.64 and low of
$35.42, suggesting potential for upward movement.
Directional Bias: With the current price below the 30-day moving average (MA30) of
$37.67 and the 50-day moving average (MA50) of
$38.90, there is a slight bearish bias. However, the RSI indicates potential for recovery if it breaks above these moving averages.
Trade Plan:
- Suggested Entry:
$36.90 (above the current close)
- Stop Loss:
$35.50 (below the recent low)
- Take Profit Targets:
1.
$39.00 (7% ROI)
2.
$40.50 (10% ROI)
3.
$43.00 (17% ROI)
This strategy allows for a favorable risk-reward ratio while aiming for significant returns. Monitor the price action closely for adjustments.
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