Dec. 6 at 1:30 AM
Actionable Trade Alert for
$DELL:
Market Context:
$DELL closed at
$138.99, showing a moderate RSI of 55.23, indicating potential bullish momentum. The stock is trading below its 30-day MA of 141.48 and 50-day MA of 143.83, suggesting a possible reversal or upward movement towards these averages. The 60-day high of 168.08 offers a significant upside potential.
Directional Bias: The RSI indicates the stock is neither overbought nor oversold, allowing for a bullish bias. The price is currently within the range of the 60-day high and low (116.56 to 168.08), providing a favorable risk-reward scenario.
Trade Plan:
- Suggested Entry:
$139.50
- Stop Loss:
$132.00 (approximately 5.2% risk)
- Take Profit Targets:
1. Target 1:
$145.00 (3.8% gain)
2. Target 2:
$152.00 (8.9% gain)
3. Target 3:
$162.00 (16.6% gain)
This plan aims for a minimum of 16.6% ROI on the third target, aligning with the bullish outlook.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
