Dec. 10 at 4:56 AM
Actionable Trade Alert for
$IDYA:
Market Context:
$IDYA is currently trading at
$34.08, showing a stable price action with an RSI of 51.89, indicating neutral momentum. The stock is above its 30-day moving average (MA30) of
$33.06 and significantly above its 50-day moving average (MA50) of
$31.06, suggesting a bullish trend.
Directional Bias: The price is closer to the 60-day high of
$37.08, indicating potential upward momentum. The ATR of 1.51 suggests moderate volatility, allowing for strategic entry and exit points.
Trade Plan:
- Suggested Entry:
$34.10
- Stop Loss:
$32.50 (approximately 4.68% below entry)
- Take Profit Targets:
- Target 1:
$36.00 (17.5% ROI)
- Target 2:
$37.00 (24.5% ROI)
- Target 3:
$39.00 (43.2% ROI)
This plan provides a solid risk-reward ratio with a potential ROI of over 17% on the third target.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
