Dec. 15 at 6:38 AM
$EHC Trade Alert: Current market conditions indicate a potential reversal opportunity. With the last close at
$107.0 and an RSI of 25.15, the stock is in oversold territory, suggesting a bullish reversal may be imminent. The 30-day MA is at
$113.3 and the 50-day MA is at
$117.62, indicating resistance levels above the current price. The 60-day high of
$127.99 provides a target for significant upside potential.
Action Plan:
- Suggested Entry:
$107.50 (slightly above last close to confirm momentum)
- Stop Loss:
$105.00 (below the 60D low of
$105.71 to manage risk)
- Take Profit Targets:
1.
$113.00 (approx. 5% gain)
2.
$120.00 (approx. 11.5% gain)
3.
$125.00 (approx. 17% gain)
The RSI indicates strong selling pressure, but the potential for a bounce back is evident given the proximity to the 60D low. Monitor for bullish signals to confirm entry.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
