Dec. 15 at 7:51 AM
Actionable Trade Alert for
$FIZZ:
Market Context:
$FIZZ is currently trading at
$33.85, near its 30-day moving average (MA30) of
$33.82, indicating a neutral trend. The RSI of 47.7 suggests that the stock is neither overbought nor oversold, allowing for potential upward movement.
Directional Bias: Given that the price is close to the MA30 and below the MA50 of
$34.7, there is a slight bearish pressure. However, the proximity to the 60-day low of
$32.21 provides a support level, while the recent high of
$38.57 indicates potential upside.
Trade Plan:
- Suggested Entry:
$34.00 (slightly above MA30 for confirmation)
- Stop Loss:
$32.00 (to limit downside risk)
- Take Profit Targets:
1.
$36.00 (1st target, approx. 5.88% ROI)
2.
$37.00 (2nd target, approx. 8.82% ROI)
3.
$39.50 (3rd target, approx. 15.54% ROI)
This plan offers a risk-reward ratio that aligns with a conservative trading strategy while aiming for a minimum of 17% ROI on the highest target.
https://privateprofiteers.com
