Dec. 9 at 12:15 AM
Actionable Trade Alert for
$CVCO:
Market Context:
$CVCO is currently trading at
$558.17, positioned between its 60D high of
$613.77 and low of
$486.47. The RSI at 54.41 indicates a neutral momentum, suggesting potential for upward movement. The stock is slightly below the 30-day moving average (MA30) of
$562.36, but above the 50-day moving average (MA50) of
$556.95, indicating a bullish bias.
Directional Bias: Given the current price relative to MAs and the RSI, there is a slight bullish sentiment. The stock is also within a reasonable range to capitalize on potential upward movement.
Trade Plan:
- Suggested Entry:
$560.00
- Stop Loss:
$540.00 (3.58% risk)
- Take Profit Targets:
- Target 1:
$580.00 (3.57% ROI)
- Target 2:
$600.00 (7.14% ROI)
- Target 3:
$650.00 (16.48% ROI)
This plan provides a solid risk-reward ratio with a potential 17%+ ROI on the third target.
https://privateprofiteers.com
