Dec. 11 at 11:26 PM
Actionable Trade Alert for
$NDSN:
Market Context:
$NDSN is currently trading at
$236.98, showing bullish momentum with an RSI of 66.05, indicating it is approaching overbought territory. The stock is above its 30-day (MA30) and 50-day (MA50) moving averages, which are both at
$233.68 and
$233.69, respectively, confirming a strong upward trend. The 60-day high of
$251.47 presents a potential resistance level.
Directional Bias: The stock has shown a solid upward trend, supported by the current price being above key moving averages. However, the RSI suggests caution as it nears overbought conditions.
Trade Plan:
- Suggested Entry:
$236.98
- Stop Loss:
$230.00 (approx. 3% below entry)
- Take Profit Targets:
1.
$245.00 (3.4% ROI)
2.
$250.00 (5.3% ROI)
3.
$277.00 (17% ROI)
This plan allows for a strategic entry while managing risk effectively. Monitor the trade closely and adjust as necessary.
https://privateprofiteers.com
