Dec. 25 at 1:18 PM
Actionable Trade Alert for
$JPM:
Market Context:
$JPM is currently trading at
$329.17, near its 60-day high of
$329.99, indicating strong bullish momentum. The RSI of 61.15 suggests the stock is approaching overbought territory but still has room to run.
Directional Bias: The stock is above its 30-day (311.18) and 50-day (309.03) moving averages, signaling bullish sentiment. The recent high-low range of
$290.54 to
$329.99 provides a solid framework for potential price movement.
Trade Plan:
- Suggested Entry:
$329.50
- Stop Loss:
$321.60 (approximately 2.3% below entry)
- Take Profit Targets:
1.
$335.00 (1.5% gain)
2.
$340.00 (3.2% gain)
3.
$385.00 (17% gain)
This trade offers a favorable risk-reward ratio, with the potential for substantial returns. Monitor closely for any changes in momentum.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
