Dec. 6 at 1:44 AM
Actionable Trade Alert for
$FICO:
Market Context:
$FICO is currently trading at
$1771.87, showing stability above the 30-day moving average (MA30) of
$1717.67 and the 50-day moving average (MA50) of
$1689.97. The RSI at 54.96 indicates a neutral to slightly bullish momentum, suggesting potential for upward movement.
Directional Bias: The price is above both MAs, indicating bullish sentiment. The recent high of
$1998.01 provides a resistance level, while the low of
$1460.91 offers a strong support base.
Trade Plan:
- Suggested Entry:
$1775
- Stop Loss:
$1710 (3.67% below entry)
- Take Profit Targets:
1.
$1850 (4.22% gain)
2.
$1900 (7.03% gain)
3.
$2075 (17.06% gain)
This plan aims for a minimum of 17% ROI on the third target while keeping risk manageable. Monitor price action closely around key levels.
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