Dec. 17 at 3:38 AM
Actionable Trade Alert for
$LFUS:
Market Context:
$LFUS is currently trading at
$253.15, showing a neutral RSI at 50.2, indicating no strong momentum in either direction. The stock is positioned near its 30-day moving average (MA30) of
$250.06 and slightly below its 50-day moving average (MA50) of
$253.92, suggesting a potential for upward movement.
Directional Bias: The price is within the 60-day high of
$275.00 and low of
$233.36, indicating a range-bound market. The ATR of 7.83 suggests moderate volatility, allowing for potential price swings.
Trade Plan:
- Suggested Entry:
$254.00
- Stop Loss:
$246.00 (3% below entry)
- Take Profit Targets:
1.
$260.00 (2.4% gain)
2.
$270.00 (6.3% gain)
3.
$297.00 (17.3% gain)
With these targets, a successful trade could yield over 17% ROI on the third target while maintaining a reasonable risk-reward ratio.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
