Dec. 10 at 3:20 AM
Actionable Trade Alert for
$INVH:
Market Context:
$INVH is currently trading at
$26.09, close to its 60D low of
$26.02, indicating a potential reversal. The RSI at 30.35 suggests oversold conditions, which typically precede upward price movements.
Directional Bias: The stock is below both the 30-day MA (27.92) and the 50-day MA (28.18), indicating a bearish trend. However, the proximity to the 60D low and the oversold RSI signal a potential bullish reversal.
Trade Plan:
- Suggested Entry:
$26.20 (slightly above the last close to confirm upward momentum)
- Stop Loss:
$25.80 (below the 60D low for risk management)
- Take Profit Targets:
1.
$27.00 (target 1, approx. 3% gain)
2.
$28.00 (target 2, approx. 7% gain)
3.
$30.00 (target 3, approx. 15% gain)
Target 3 provides a potential ROI of over 17% from the entry point, aligning with our objective.
https://privateprofiteers.com