Dec. 10 at 3:28 AM
Actionable Trade Alert for
$DPZ:
Market Context:
$DPZ is showing bullish momentum with a recent close at
$417.19. The RSI at 59.56 indicates potential for upward movement, while the MA30 (410.28) and MA50 (413.72) support this bullish sentiment, suggesting a strong trend.
Directional Bias: The price is above both the MA30 and MA50, indicating bullish momentum. Additionally, the current price is closer to the 60D high of
$450.03, which supports a bullish outlook. The ATR of 9.7 suggests moderate volatility, allowing for potential price swings.
Trade Plan:
- Suggested Entry:
$418.00
- Stop Loss:
$405.00 (approx. 3.1% risk)
- Take Profit Targets:
1.
$430.00 (2.9% ROI)
2.
$440.00 (5.2% ROI)
3.
$490.00 (17.4% ROI)
This plan offers a solid risk-reward ratio, aiming for at least a 17% return on the third target.
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