Dec. 12 at 12:01 AM
Actionable Trade Alert for
$HR:
Market Context: The last close for
$HR is
$17.55, positioned near the 60D low of
$17.02 and below the 60D high of
$18.97. The RSI at 50.71 indicates a neutral stance, suggesting potential for upward movement. The MA30 at
$17.85 and MA50 at
$18.00 provide resistance levels, but a break above these could signal bullish momentum.
Directional Bias: With the current price at
$17.55, there is room for upward movement towards the 60D high, especially if it breaks above the MAs. The ATR of
$0.33 indicates moderate volatility, supporting potential price swings.
Trade Plan:
- Suggested Entry:
$17.60 (slightly above last close to confirm upward momentum)
- Stop Loss:
$17.25 (to limit risk)
- Take Profit Targets:
1.
$18.00 (MA50)
2.
$18.50 (psychological level)
3.
$20.00 (17% ROI)
This plan offers a solid risk-reward ratio with potential for significant upside.
https://privateprofiteers.com
