Dec. 6 at 3:41 AM
Actionable Trade Alert for
$HURN:
Market Context:
$HURN is currently positioned at
$170.52, showing strong momentum as indicated by an RSI of 67.08, suggesting overbought conditions but still room for upward movement. The price is above both the 30-day MA of 163.32 and the 50-day MA of 157.42, indicating bullish sentiment.
Directional Bias: The recent high of
$174.26 within the 60-day range supports a bullish outlook. The distance from the 60-day low of
$135.79 provides a favorable risk/reward setup.
Trade Plan:
- Suggested Entry:
$170.52
- Stop Loss:
$165.00 (below recent support)
- Take Profit Targets:
1. Target 1:
$175.00 (+2.77%)
2. Target 2:
$180.00 (+5.53%)
3. Target 3:
$200.00 (+17.30%)
With a potential ROI of over 17% at target 3, this trade offers a solid opportunity. Monitor the RSI and MA for any signs of reversal.
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