Dec. 19 at 4:50 PM
Actionable Trade Alert for
$FMCC:
Market Context:
$FMCC closed at
$10.15, showing a solid position above the 30-day moving average (MA30) of
$9.77 and approaching the 50-day moving average (MA50) of
$10.07. The RSI of 56.27 indicates a neutral to slightly bullish momentum, suggesting potential for upward movement.
Directional Bias: The stock is currently positioned between its 60-day high of
$13.2 and low of
$6.4, with room for growth. The current price is 23% below the 60-day high, indicating potential upside.
Trade Plan:
- Suggested Entry:
$10.15
- Stop Loss:
$9.50 (approximately 6.4% below entry)
- Take Profit Targets:
- Target 1:
$11.00 (8.4% gain)
- Target 2:
$12.00 (18.5% gain)
- Target 3:
$12.50 (23.9% gain)
Target 3 provides a potential ROI of over 17%. Monitor the trade closely for any changes in market conditions or indicators.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
