Dec. 17 at 4:22 AM
$KGS: Current market context shows a stable price at
$35.51, with an RSI of 53.16 indicating neutral momentum. The price is above the 30-day moving average (MA30) of
$35.02 and the 50-day moving average (MA50) of
$35.15, suggesting a bullish bias. The 60-day high at
$38.27 provides a target for upward movement, while the low of
$32.55 offers a solid support level.
Actionable Trade Plan:
- Suggested Entry:
$35.60 (slightly above the last close to confirm momentum)
- Stop Loss:
$34.45 (below the MA30 to limit risk)
- Take Profit Targets:
1.
$36.80 (5% gain)
2.
$37.90 (6.5% gain)
3.
$41.60 (17% gain)
With the potential to reach the third target, this trade offers a favorable risk-reward ratio. Monitor price action closely and adjust stop loss to lock in profits as targets are hit.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
