Dec. 11 at 11:45 PM
Actionable Trade Alert for
$DVA:
Market Context:
$DVA closed at
$121.69, showing a strong bullish momentum with an RSI of 68.14, indicating it is nearing overbought territory. The price is above the 30-day moving average (MA30) of
$119.48 but below the 50-day moving average (MA50) of
$122.83, suggesting a potential resistance level.
Directional Bias: The current price is closer to the 60-day high of
$134.59, indicating bullish sentiment. However, the RSI suggests caution as it approaches overbought levels.
Trade Plan:
- Suggested Entry:
$121.70
- Stop Loss:
$118.50 (approximately 2% below entry)
- Take Profit Targets:
1.
$125.00 (Target 1: 2.7% ROI)
2.
$128.50 (Target 2: 5.5% ROI)
3.
$142.00 (Target 3: 16.6% ROI)
This strategy offers a potential 17%+ ROI on the third target while maintaining a manageable risk.
https://privateprofiteers.com
