Dec. 6 at 2:58 AM
Actionable Trade Alert for
$IRTC:
Market Context:
$IRTC is currently trading at
$181.35, showing a strong upward trend with a recent RSI of 64.81, indicating bullish momentum but approaching overbought territory. The stock is above its 30-day moving average (MA30) of
$179.39 and 50-day moving average (MA50) of
$177.95, reinforcing bullish sentiment.
Directional Bias: The stock is positioned between its 60-day high of
$212.00 and low of
$155.00, suggesting potential for upward movement. The ATR of 8.21 indicates volatility, allowing for strategic entry and exit points.
Trade Plan:
- Suggested Entry:
$181.35
- Stop Loss:
$174.00 (approx. 4% below entry)
- Take Profit Targets:
- Target 1:
$190.00 (5% gain)
- Target 2:
$200.00 (10% gain)
- Target 3:
$212.00 (17% gain)
This plan provides a solid risk-reward ratio, capitalizing on the current bullish trend while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
