Dec. 19 at 4:36 PM
Actionable Trade Alert for
$MOD:
Market Context:
$MOD is currently trading at
$133.92, significantly below its 60-day high of
$166.94, indicating potential for a rebound. The RSI at 32.99 suggests the stock is oversold, presenting a buying opportunity. The stock is also below both the 30-day (148.44) and 50-day (150.81) moving averages, indicating a bearish trend but potential for a reversal.
Directional Bias: Given the oversold RSI and the proximity to the 60-day low of
$120.01, there is a bullish bias for a short-term recovery.
Trade Plan:
- Suggested Entry:
$134.50
- Stop Loss:
$120.00 (11% risk)
- Take Profit Targets:
1.
$145.00 (Target 1: 7.5% ROI)
2.
$155.00 (Target 2: 15.5% ROI)
3.
$157.50 (Target 3: 17.5% ROI)
This plan positions you to capitalize on a potential rebound while managing risk effectively.
https://privateprofiteers.com
