Dec. 10 at 2:42 AM
Actionable Trade Alert for
$ICE:
Market Context:
$ICE closed at
$158.01, showing strength as it trades above the 30-day moving average (MA30) of
$152.82 and the 50-day moving average (MA50) of
$155.24. The RSI at 62.88 indicates bullish momentum but is approaching overbought territory.
Directional Bias: The price is near the 60-day high of
$173.3, suggesting potential upward movement. The distance from the 60-day low of
$143.17 reinforces a bullish outlook, as the stock has shown resilience above key moving averages.
Trade Plan:
- Suggested Entry:
$158.50 (slightly above last close)
- Stop Loss:
$154.50 (below MA30)
- Take Profit Targets:
1.
$165.00 (4.5% ROI)
2.
$170.00 (7.6% ROI)
3.
$185.00 (17.1% ROI)
This plan offers a solid risk-reward ratio while targeting significant upside based on recent price action. Monitor closely for any shifts in momentum.
https://privateprofiteers.com
