Dec. 6 at 3:12 AM
Actionable Trade Alert for
$LAUR:
Market Context:
$LAUR is currently trading at
$31.08, showing strength with an RSI of 59.17, indicating bullish momentum but not overbought. The stock is above its 30-day MA (30.33) and 50-day MA (30.18), suggesting a positive trend.
Directional Bias: The stock is positioned near its 60-day high of
$32.42, which may act as a resistance level. However, the strong RSI and the position above key moving averages indicate potential for further upside.
Trade Plan:
- Suggested Entry:
$31.10 (slightly above the last close)
- Take Profit Targets:
1. TP1:
$32.00 (2.88% gain)
2. TP2:
$32.50 (4.52% gain)
3. TP3:
$36.50 (17.42% gain)
- Stop Loss:
$29.50 (5.09% risk)
This plan offers a favorable risk-reward ratio, aiming for over 17% ROI on the third target while maintaining a manageable stop loss.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
