Dec. 10 at 4:44 AM
Actionable Trade Alert for
$FIBK:
Market Context:
$FIBK is currently trading at
$34.2, showing a strong bullish momentum with an RSI of 84.48, indicating overbought conditions. The stock is above its 30-day (MA30) and 50-day (MA50) moving averages, which are at
$32.15 and
$31.84, respectively. The recent 60-day high of
$34.61 suggests resistance, while the low of
$29.1 indicates a solid support level.
Directional Bias: The high RSI indicates potential for a pullback, but the stock remains above key moving averages, suggesting a bullish bias in the short term.
Trade Plan:
- Suggested Entry:
$34.2
- Stop Loss:
$32.5 (approximately 5% below entry)
- Take Profit Targets:
1. Target 1:
$35.00 (2.3% ROI)
2. Target 2:
$36.00 (5.2% ROI)
3. Target 3:
$40.00 (16.9% ROI)
With a potential 17% ROI on Target 3, this trade offers a favorable risk-reward ratio.
https://privateprofiteers.com
