Dec. 6 at 1:53 AM
Actionable Trade Alert for
$FSLR:
Market Context:
$FSLR is currently trading at
$257.28, showing a neutral RSI of 50.61, indicating no strong momentum. The stock is above its 30-day moving average (MA30) of
$257.25, suggesting a slight bullish bias. The 60-day high of
$281.55 presents a potential upside target, while the low of
$196.80 indicates solid support.
Directional Bias: The price is consolidating above key moving averages (MA30 and MA50 at
$245.69), which may indicate a bullish reversal if it breaks above recent resistance levels.
Trade Plan:
- Suggested Entry:
$258.00
- Stop Loss:
$245.00 (5% below entry)
- Take Profit Targets:
1.
$270.00 (4.65% gain)
2.
$275.00 (6.58% gain)
3.
$301.00 (16.87% gain)
This plan provides a potential ROI of over 17% on the third target while maintaining a manageable risk. Monitor price action closely for adjustments.
https://privateprofiteers.com
