Dec. 19 at 5:13 PM
Actionable Trade Alert for
$LSTR:
Market Context:
$LSTR closed at
$145.62, showing strong momentum with an RSI of 76.72, indicating overbought conditions. The 30-day moving average (MA30) is at
$134.85, while the 50-day moving average (MA50) is at
$132.42, suggesting bullish momentum as the price is above both MAs.
Directional Bias: Given the high RSI and proximity to the 60-day high of
$152.5, a pullback may occur before further upside. However, the overall trend remains bullish.
Trade Plan:
- Suggested Entry:
$145.62
- Stop Loss:
$140.00 (below recent support)
- Take Profit Targets:
1. Target 1:
$150.00 (3% gain)
2. Target 2:
$155.00 (6.4% gain)
3. Target 3:
$170.00 (16.7% gain)
With these targets, a successful trade can yield over 17% ROI on Target 3. Monitor for potential pullbacks and adjust targets as necessary.
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