Dec. 8 at 10:36 PM
Actionable Trade Alert for
$KMI:
Market Context:
$KMI closed at
$27.51, showing a stable position within its recent trading range. The RSI at 54.96 indicates a neutral to slightly bullish sentiment, suggesting potential for upward movement. The stock is trading above its 30-day MA of
$26.77 and close to its 50-day MA of
$27.1, reinforcing a bullish bias.
Directional Bias: The stock has room to move towards its 60-day high of
$28.91, while the 60-day low of
$25.6 provides a solid support level. The ATR of
$0.51 indicates moderate volatility, allowing for reasonable price swings.
Trade Plan:
- Suggested Entry:
$27.60
- Stop Loss:
$26.50 (4.0% risk)
- Take Profit Targets:
1.
$28.00 (1.4% gain)
2.
$28.50 (3.2% gain)
3.
$32.25 (17.0% gain)
This plan aims for a minimum of 17% ROI on the third target while maintaining a favorable risk-to-reward ratio.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
