Dec. 6 at 2:11 AM
Actionable Trade Alert for
$DOW:
Market Context:
$DOW is currently trading at
$22.87, with an RSI of 48.17 indicating a neutral momentum. The stock is positioned between its 60-day high of
$26.05 and low of
$20.65, suggesting potential for movement within this range. The MA30 at
$23.15 is slightly above the current price, while the MA50 at
$22.83 is just below, indicating a tight trading range.
Directional Bias: With the RSI near 50 and the price close to the MA50, the market is indecisive but could trend upwards if it breaks above the MA30.
Suggested Entry: Buy at
$22.90 (slightly above the last close).
Stop Loss: Set at
$22.50 (risking
$0.40).
Take Profit Targets:
1.
$24.00 (TP1) - 4.8% ROI
2.
$25.00 (TP2) - 9.7% ROI
3.
$26.00 (TP3) - 13.9% ROI
To achieve a 17% ROI, consider adjusting the entry or using a higher target based on market movement. Monitor closely for any changes in momentum.
For more insights, visit https://privateprofiteers.com.
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