Dec. 19 at 4:31 PM
Actionable Trade Alert for
$FLS:
Market Context:
$FLS is currently trading at
$69.62, showing a neutral RSI of 46.04, indicating potential for upward movement as it is not overbought. The stock is positioned between its 60D high of
$74.63 and low of
$48.71, suggesting a range-bound market.
Directional Bias: The 30-day moving average (MA30) at
$69.79 is slightly above the current price, while the 50-day moving average (MA50) at
$64.24 supports a bullish outlook. The proximity to the MA50 indicates potential for price recovery.
Trade Plan:
- Suggested Entry:
$69.50
- Stop Loss:
$66.00 (approximately 5% below entry)
- Take Profit Targets:
1.
$72.00 (Target 1, 3.6% gain)
2.
$74.00 (Target 2, 6.5% gain)
3.
$81.50 (Target 3, 17.1% gain)
With a solid risk-reward ratio and a clear upward bias, this trade presents an opportunity for profit.
https://privateprofiteers.com
