Dec. 12 at 12:06 AM
Actionable Trade Alert for
$KRYS:
Market Context:
$KRYS is currently trading at
$245.57, near its 60-day high of
$245.78, indicating strong bullish momentum. The RSI at 92.37 suggests the stock is overbought, which may lead to a pullback. However, the overall trend remains bullish given the strong performance above the 30-day MA of
$211.93 and the 50-day MA of
$201.98.
Directional Bias: The stock shows a bullish bias, but caution is warranted due to the high RSI. A pullback could be expected before further upward movement.
Trade Plan:
- Suggested Entry:
$245.00
- Stop Loss:
$230.00 (6.2% risk)
- Take Profit Targets:
- Target 1:
$255.00 (3.8% gain)
- Target 2:
$265.00 (7.9% gain)
- Target 3:
$287.00 (17% gain)
This trade plan allows for a balanced risk-reward ratio while capitalizing on potential upward movement. Monitor the RSI and adjust positions accordingly.
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