Dec. 8 at 11:21 PM
Actionable Trade Alert for
$DOC:
Market Context:
$DOC is currently trading at
$16.82, with the RSI at 42.07 indicating a neutral market sentiment. The stock is below both the 30-day moving average (MA30) of
$17.72 and the 50-day moving average (MA50) of
$18.12, suggesting potential bearish pressure. However, the recent 60-day low of
$16.79 provides a strong support level.
Directional Bias: The stock's current position near the 60D low and the RSI indicates a potential rebound opportunity. If it breaks above the MA30, we may see upward momentum.
Trade Plan:
- Suggested Entry:
$16.85 (slightly above the last close)
- Stop Loss:
$16.50 (to limit downside risk)
- Take Profit Targets:
1.
$17.50 (3.87% ROI)
2.
$18.00 (6.97% ROI)
3.
$19.00 (12.98% ROI)
To achieve a minimum of 17% ROI, focus on the longer-term strategy, potentially holding until the stock approaches the 60D high of
$19.68.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
