Dec. 10 at 3:30 AM
Actionable Trade Alert for
$MAS:
Market Context:
$MAS is currently trading at
$61.11, showing a moderate bullish sentiment with an RSI of 58.99, indicating potential upward momentum. The stock is below both the 30-day moving average (MA30) of
$62.85 and the 50-day moving average (MA50) of
$65.15, suggesting it may be poised for a reversal towards these resistance levels.
Directional Bias: The RSI is approaching overbought territory but is not yet there, indicating room for further upside. The 60-day high of
$75.54 provides a clear target range, while the low of
$58.29 offers a supportive floor.
Trade Plan:
- Suggested Entry:
$61.50
- Stop Loss:
$58.00 (3.9% below entry)
- Take Profit Targets:
- Target 1:
$65.00 (6.1% gain)
- Target 2:
$70.00 (13.9% gain)
- Target 3:
$72.00 (17.3% gain)
This trade plan offers a solid risk-reward ratio, aiming for a minimum of 17% ROI on the third target. Monitor closely for price action near targets.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
