Dec. 25 at 2:57 PM
$HRB Actionable Trade Alert:
Market Context:
$HRB is currently trading at
$43.49, showing a bullish sentiment as indicated by the RSI of 61.16, which suggests that the stock is not overbought yet. The price is above the 30-day moving average (MA30) of
$43.06, indicating short-term strength. However, it is still below the 50-day moving average (MA50) of
$46.17, suggesting potential resistance.
Directional Bias: The stock has recently traded between a 60-day high of
$52.9 and a low of
$41.17, indicating a range-bound market. The current price is closer to the lower end of this range, offering a favorable entry point.
Trade Plan:
- Suggested Entry:
$43.50
- Stop Loss:
$41.00 (5.7% below entry)
- Take Profit Targets:
1.
$46.00 (Target 1: 5.7% ROI)
2.
$48.00 (Target 2: 10.8% ROI)
3.
$51.00 (Target 3: 17.1% ROI)
With a clear risk-reward ratio, this trade plan positions
$HRB for potential gains while managing risk effectively.
https://privateprofiteers.com
