Dec. 9 at 12:00 AM
Actionable Trade Alert for
$LTH:
Market Context:
$LTH is currently trading at
$25.92, showing a bullish sentiment with an RSI of 61.37, indicating potential upward momentum. The price is above the 30-day moving average (MA30) of
$25.87 but below the 50-day moving average (MA50) of
$26.01, suggesting a possible breakout if it surpasses the MA50.
Directional Bias: The RSI indicates that the stock is not yet overbought, allowing room for further gains. The recent high of
$28.94 provides a target for potential upside, while the low of
$24.14 offers a solid reference for risk management.
Trade Plan:
- Suggested Entry:
$26.05 (breakout above MA50)
- Stop Loss:
$24.80 (below recent support)
- Take Profit Targets:
1.
$27.50 (6% gain)
2.
$28.00 (7.5% gain)
3.
$30.30 (17% gain)
This trade plan positions
$LTH for significant upside potential while managing risk effectively.
https://privateprofiteers.com