Dec. 15 at 5:44 AM
Actionable Trade Alert for
$DELL:
Market Context:
$DELL is currently trading at
$129.98, showing a moderate RSI of 58.67, indicating bullish momentum but not yet overbought. The recent price is significantly below the 60D high of
$168.08, suggesting potential upside.
Directional Bias: With the price below both the 30-day MA (136.88) and the 50-day MA (143.67), there is resistance above. However, the current RSI indicates that there is still room for upward movement before reaching overbought conditions.
Suggested Trade Plan:
- Entry:
$130.50
- Stop Loss:
$124.00 (approx. 5.5% risk)
- Take Profit Targets:
1.
$140.00 (7.5% gain)
2.
$150.00 (14.8% gain)
3.
$152.50 (17.2% gain)
This plan provides a favorable risk-reward ratio with the potential for over 17% ROI on the third target. Monitor closely for any changes in market conditions.
https://privateprofiteers.com
