Dec. 9 at 12:13 AM
Actionable Trade Alert for
$LAUR:
Market Context:
$LAUR is currently trading at
$30.19, showing a stable price movement within a defined range. The RSI of 53.71 indicates a neutral sentiment, suggesting potential for upward movement. The stock is positioned close to its 30-day moving average (MA30) of
$30.38, indicating a slight bearish trend, but the MA50 at
$30.17 shows support, reinforcing a potential bullish reversal.
Directional Bias: Given the proximity to the 60D high of
$32.42 and the neutral RSI, there is potential for upward momentum. The price is above the 60D low of
$24.98, indicating a bullish bias.
Trade Plan:
- Suggested Entry:
$30.25 (above the current price to confirm upward momentum)
- Stop Loss:
$29.50 (to limit downside risk)
- Take Profit Targets:
1.
$31.00 (Target 1: 2.5% ROI)
2.
$32.00 (Target 2: 5.9% ROI)
3.
$35.40 (Target 3: 17% ROI)
This plan provides a clear pathway for profit while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
