Dec. 25 at 2:21 PM
Actionable Trade Alert for
$FNMA:
Market Context:
$FNMA is currently trading at
$10.8, showing a potential for upward movement as it is near the lower end of its 60-day range (
$7.49 -
$12.98). The RSI at 39.64 indicates that the stock is approaching oversold territory, suggesting a possible reversal.
Directional Bias: Given the current price relative to the MA30 (10.53) and MA50 (10.76), there is a bullish bias as the price is above the MA30 but below the MA50. This suggests potential for upward momentum.
Trade Plan:
- Suggested Entry:
$10.80
- Stop Loss:
$10.20 (approximately 5.56% below entry)
- Take Profit Targets:
1. TP1:
$11.50 (ROI: 6.48%)
2. TP2:
$12.00 (ROI: 11.11%)
3. TP3:
$12.65 (ROI: 17.76%)
This plan provides a structured approach to capitalize on potential upward movement while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
