Dec. 15 at 6:21 AM
Actionable Trade Alert for
$ESS:
Market Context: The stock closed at
$257.62, slightly above the 30-day moving average (MA30) of
$257.28, indicating a potential upward momentum. The RSI of 42.27 suggests the stock is nearing oversold territory, which could lead to a reversal.
Directional Bias: Given the proximity to the MA30 and the RSI level, there’s a bullish bias, especially as the stock has room to recover towards the 60-day high of
$270.49.
Trade Plan:
- Suggested Entry:
$258.00 (slightly above the last close)
- Stop Loss:
$253.00 (below the recent low, providing a buffer)
- Take Profit Targets:
1.
$265.00 (2.7% gain)
2.
$272.00 (5.3% gain)
3.
$300.00 (16.4% gain, over 17% ROI)
This plan provides a structured approach to capitalize on potential upward movement while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
