Dec. 25 at 1:46 PM
Actionable Trade Alert for
$HEI:
Market Context:
$HEI is currently trading at
$338.07, showing strength with a recent close near the 60D high of
$340.11. The RSI at 66.7 indicates bullish momentum but is approaching overbought territory. The moving averages (MA30 at 314.32 and MA50 at 314.85) suggest a strong bullish trend, as the price is significantly above these levels.
Directional Bias: The bullish sentiment is supported by the proximity to the 60D high and the upward momentum indicated by the RSI and moving averages. However, caution is advised as the RSI indicates potential overbought conditions.
Suggested Trade Plan:
- Entry:
$338.07
- Stop Loss:
$328.00 (approx. 3% below entry)
- Take Profit Targets:
1.
$345.00 (2% gain)
2.
$355.00 (5% gain)
3.
$395.00 (17% gain)
This plan targets a minimum of 17% ROI on the third target while maintaining a reasonable risk-reward ratio.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
