Dec. 5 at 11:09 PM
Actionable Trade Alert for
$FRSH:
Market Context:
$FRSH is currently trading at
$12.6, showing bullish momentum as indicated by an RSI of 61.24, suggesting it is not overbought yet. The stock's price is above its 30-day (MA30) and 50-day (MA50) moving averages, which are at
$11.63 and
$11.56 respectively, reinforcing a bullish sentiment.
Directional Bias: The recent price action is favorable, with the stock approaching the 60-day high of
$13.48. Given the current price and technical indicators, we expect upward movement.
Trade Plan:
- Suggested Entry:
$12.6
- Stop Loss:
$11.80 (approx. 6.35% below entry)
- Take Profit Targets:
1.
$13.00 (3.17% gain)
2.
$13.25 (5.19% gain)
3.
$14.75 (17.05% gain)
This plan offers a solid risk-reward ratio, with the potential for over 17% ROI on the third target. Monitor the trade closely and adjust the stop loss as necessary to secure profits.
https://privateprofiteers.com
