Dec. 25 at 1:25 PM
Actionable Trade Alert for
$GEV:
Market Context:
$GEV is currently trading at
$667.32, showing a strong position above its 30-day (MA30) and 50-day (MA50) moving averages, which are at
$618.42 and
$603.36 respectively. The RSI at 56.28 indicates that the stock is neither overbought nor oversold, suggesting potential for upward movement.
Directional Bias: The stock is trending positively, supported by its proximity to the 60-day high of
$731.00. With the current price above the MAs and a healthy RSI, the bias remains bullish.
Trade Plan:
- Suggested Entry:
$670.00
- Stop Loss:
$650.00 (3% below entry)
- Take Profit Targets:
1.
$700.00 (4.5% gain)
2.
$720.00 (7.5% gain)
3.
$780.00 (16.4% gain)
This plan provides a potential ROI of over 17% on the third target while maintaining a manageable risk.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
