Dec. 17 at 2:44 AM
Actionable Trade Alert for
$HUBS:
Market Context:
$HUBS is currently trading at
$370.29, positioned between its 60D high of
$525.47 and low of
$344.41. The RSI at 49.17 indicates a neutral stance, suggesting potential for upward movement. The price is below both the 30-day (MA30) and 50-day (MA50) moving averages, indicating a bearish trend in the short to medium term.
Directional Bias: The price action suggests a potential rebound, given the proximity to the 60D low and the neutral RSI. If it breaks above the MA30, it may signal a reversal.
Trade Plan:
- Suggested Entry:
$372.00
- Stop Loss:
$358.00 (approx. 3.8% risk)
- Take Profit Targets:
1.
$400.00 (7.5% ROI)
2.
$425.00 (14.8% ROI)
3.
$435.00 (17.5% ROI)
This trade plan offers a favorable risk-reward ratio with a potential ROI exceeding 17% on the third target. Monitor price action closely for confirmation.
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