Dec. 6 at 2:49 AM
Actionable Trade Alert for
$LOAR:
Market Context:
$LOAR is currently trading at
$67.82, within a range defined by a 60-day high of
$83.43 and a low of
$62.60. The RSI at 47.69 indicates a neutral stance, suggesting potential for upward movement as it is not overbought.
Directional Bias: The price is below both the 30-day MA (72.02) and the 50-day MA (75.00), indicating a bearish trend in the short term. However, the proximity to the 60-day low suggests a potential reversal if buying pressure increases.
Trade Plan:
- Suggested Entry:
$68.50 (slightly above current close to confirm upward momentum)
- Stop Loss:
$65.00 (below the 60-day low for risk management)
- Take Profit Targets:
1.
$72.00 (1st target, approx. 5% gain)
2.
$76.00 (2nd target, approx. 10.5% gain)
3.
$79.50 (3rd target, approx. 17.5% gain)
This plan offers a solid risk-reward ratio with a potential ROI of over 17% at the third target.
https://privateprofiteers.com
