Dec. 8 at 10:24 PM
Actionable Trade Alert for
$DHR:
Market Context:
$DHR closed at
$225.4, showing strength above its 30-day moving average (MA30) of
$220.69 and 50-day moving average (MA50) of
$216.12. The RSI at 57.79 indicates bullish momentum, suggesting potential for further upside.
Directional Bias: The stock is currently trading near its 60-day high of
$234.99, indicating a bullish trend. The distance from the 60-day low of
$180.03 provides a favorable risk-reward setup.
Trade Plan:
- Suggested Entry:
$225.4
- Stop Loss:
$218.0 (approximately 3.5% below entry)
- Take Profit Targets:
1. Target 1:
$230.0 (2.4% gain)
2. Target 2:
$235.0 (4.3% gain)
3. Target 3:
$264.0 (17.1% gain)
With a stop loss at
$218.0, achieving the third target would yield an ROI of over 17%. Monitor the trade closely for volatility as indicated by the ATR of 4.54.
For more insights, visit https://privateprofiteers.com.
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