Dec. 5 at 10:28 PM
Actionable Trade Alert for
$EXLS:
Market Context:
$EXLS is currently trading at
$40.92, showing strength with an RSI of 59.63, indicating bullish momentum but approaching overbought territory. The stock is above its 30-day moving average (MA30) of
$39.72 and slightly above the 50-day moving average (MA50) of
$40.66, suggesting a positive trend.
Directional Bias: The price is near the 60-day high of
$44.32, which provides a potential resistance level. The recent low of
$37.30 offers a solid support base. Given the current price action and indicators, the bias is bullish.
Trade Plan:
- Suggested Entry:
$41.00
- Stop Loss:
$39.50 (below MA30)
- Take Profit Targets:
1.
$43.00 (5% gain)
2.
$44.00 (7.5% gain)
3.
$48.00 (17% gain)
This plan allows for a strong risk/reward ratio with a potential 17% ROI on the third target. Monitor the price action closely for any changes.
https://privateprofiteers.com
