Dec. 8 at 10:27 PM
Actionable Trade Alert for
$KKR:
Market Context:
$KKR is currently trading at
$129.33, showing strong bullish momentum with an RSI of 82.51, indicating overbought conditions. The stock is above its 30-day MA of
$120.59 and 50-day MA of
$121.91, suggesting a strong upward trend. The 60-day high of
$152.1 provides a potential resistance level.
Directional Bias: Given the high RSI and the proximity to the 60-day high, a pullback may occur. However, the strong bullish trend suggests potential for further gains before any correction.
Trade Plan:
- Suggested Entry:
$129.50
- Stop Loss:
$125.00 (Risk:
$4.50)
- Take Profit Targets:
1.
$135.00 (Target 1: 4.6% ROI)
2.
$142.00 (Target 2: 9.7% ROI)
3.
$151.00 (Target 3: 16.7% ROI)
This plan aims for a minimum of 17% ROI on the third target while maintaining a manageable risk. Monitor closely for any signs of reversal.
https://privateprofiteers.com
