Dec. 19 at 5:04 PM
Actionable Trade Alert for
$KMX:
Market Context:
$KMX is currently trading at
$39.34, showing a moderate bullish sentiment with an RSI of 54.7, indicating potential for upward movement. The stock is above its 30-day moving average (MA30) of
$37.03 but slightly below its 50-day moving average (MA50) of
$39.48, suggesting a consolidation phase.
Directional Bias: The RSI is neutral, but the price is positioned favorably within the 60-day high of
$47.44 and low of
$30.26. This range indicates room for growth, especially if it breaks above the MA50.
Trade Plan:
- Suggested Entry:
$39.50 (above current close)
- Stop Loss:
$37.50 (below MA30)
- Take Profit Targets:
1.
$42.00 (6.3% ROI)
2.
$45.00 (13.5% ROI)
3.
$46.00 (16.8% ROI)
With a potential ROI of 16.8% on the third target, this trade offers a solid risk-reward profile. Monitor closely for market fluctuations.
https://privateprofiteers.com
