Dec. 10 at 3:16 AM
Actionable Trade Alert for
$DKS:
Market Context:
$DKS closed at
$217.99, showing a stable position above the 30-day moving average (MA30) of
$216.31, indicating bullish momentum. The RSI of 56.37 suggests that the stock is neither overbought nor oversold, allowing for potential upward movement.
Directional Bias: The proximity to the 60-day high of
$237.31 indicates a bullish outlook, while the MA50 at
$220.82 suggests resistance. The 60-day low of
$197.18 provides a solid support level.
Trade Plan:
- Suggested Entry:
$218.50
- Stop Loss:
$211.00 (3.5% below entry)
- Take Profit Targets:
1.
$225.00 (Target 1: 2.3% ROI)
2.
$230.00 (Target 2: 5.2% ROI)
3.
$255.00 (Target 3: 17% ROI)
This plan leverages the current market conditions and technical indicators to maximize potential returns while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
