Dec. 25 at 1:30 PM
Actionable Trade Alert for
$GD:
Market Context:
$GD is currently trading at
$345.39, showing a neutral RSI of 54.7, indicating neither overbought nor oversold conditions. The stock is above its 30-day moving average (MA30) of
$340.23 and 50-day moving average (MA50) of
$341.19, suggesting bullish momentum.
Directional Bias: The stock is positioned well within its 60-day high of
$360.5 and low of
$327.33. The proximity to the high indicates potential for upward movement, especially given the positive trend indicated by the moving averages.
Trade Plan:
- Suggested Entry:
$346.00
- Stop Loss:
$340.00 (approximately 1.5% risk)
- Take Profit Targets:
- TP1:
$355.00 (2.6% gain)
- TP2:
$360.00 (4.2% gain)
- TP3:
$404.00 (17% gain)
This plan offers a solid risk-to-reward ratio, with the potential for significant returns if the stock continues its upward trajectory.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
