Dec. 12 at 12:54 AM
$GRND Actionable Trade Alert:
Market Context:
$GRND closed at
$13.88, with a neutral RSI of 51.77 indicating no immediate overbought or oversold conditions. The stock is trading above its 30-day moving average (MA30) of
$13.69 and 50-day moving average (MA50) of
$13.58, suggesting a bullish short-term trend.
Directional Bias: The price is closer to the 60-day high of
$16.51, indicating potential upward momentum. The ATR of 0.54 suggests moderate volatility, allowing for reasonable price movement.
Trade Plan:
- Suggested Entry:
$14.00
- Stop Loss:
$13.30 (5% below entry)
- Take Profit Targets:
1.
$15.00 (7.14% ROI)
2.
$15.75 (12.50% ROI)
3.
$16.25 (16.43% ROI)
With a target of
$16.25, we achieve a potential ROI of over 17%. Monitor the stock closely for any changes in momentum or market conditions.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
