Dec. 19 at 4:22 PM
Actionable Trade Alert for
$ENSG:
Market Context:
$ENSG is currently trading at
$176.95, with an RSI of 27.21 indicating it is oversold. The stock is below both its 30-day MA of
$179.38 and 50-day MA of
$180.50, suggesting bearish momentum. However, the RSI indicates potential for a reversal.
Directional Bias: Given the oversold condition and proximity to the 60-day low of
$166.51, there is a possibility for a rebound towards the 60-day high of
$194.0. This indicates a bullish bias for a short-term trade.
Trade Plan:
- Suggested Entry:
$177.00
- Stop Loss:
$172.00 (approx. 2.3% risk)
- Take Profit Targets:
1. TP1:
$182.00 (approx. 2.8% gain)
2. TP2:
$188.00 (approx. 6.2% gain)
3. TP3:
$207.00 (approx. 16.9% gain)
This plan offers a potential ROI of over 17% on TP3 while maintaining a manageable risk.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
