Dec. 17 at 3:24 AM
Actionable Trade Alert for
$MASI:
Market Context:
$MASI is currently trading at
$134.52, near the 60D low of
$132.9, indicating a potential reversal opportunity. The RSI is at 29.23, suggesting the stock is oversold, which aligns with a bullish bias. The 30-day moving average (MA30) is at
$143.48 and the 50-day moving average (MA50) is at
$144.9, indicating resistance above.
Directional Bias: Given the oversold RSI and proximity to the 60D low, there is a strong potential for a rebound towards the moving averages.
Trade Plan:
- Suggested Entry:
$135.00
- Stop Loss:
$130.00 (risking
$5.00)
- Take Profit Targets:
1.
$140.00 (Target 1, 3.7% ROI)
2.
$145.00 (Target 2, 7.4% ROI)
3.
$158.00 (Target 3, 17.5% ROI)
This trade plan capitalizes on the potential for a price recovery, with a solid risk-reward ratio.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
