Dec. 10 at 3:55 AM
Actionable Trade Alert for
$LLYVA:
Market Context:
$LLYVA is currently trading at
$80.97, showing a strong upward momentum. The RSI of 64.66 indicates that the stock is nearing overbought territory, which suggests caution but also potential for further gains.
Directional Bias: The price is above the 30-day moving average (MA30) of
$80.7, indicating a bullish trend. However, it is below the 50-day moving average (MA50) of
$83.81, suggesting some resistance ahead. The 60-day high of
$97.86 provides a target for potential upside.
Trade Plan:
- Suggested Entry:
$81.00
- Stop Loss:
$78.50 (3% below entry)
- Take Profit Targets:
1.
$85.00 (5% gain)
2.
$90.00 (11% gain)
3.
$95.00 (17% gain)
This plan allows for a favorable risk-reward ratio with a solid potential for a 17% ROI on the third target.
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