Dec. 10 at 3:09 AM
Actionable Trade Alert for
$NTRS:
Market Context:
$NTRS is currently trading at
$133.38, showing strong bullish momentum. The RSI at 88.12 indicates overbought conditions, suggesting a potential pullback. However, the price is above both the 30-day MA (129.19) and the 50-day MA (129.05), reinforcing a bullish trend.
Directional Bias: Given the high RSI and proximity to the 60D high of
$135.48, expect volatility. The low of
$121.12 provides a solid support level.
Trade Plan:
- Suggested Entry:
$133.38
- Stop Loss:
$130.00 (below recent support)
- Take Profit Targets:
1.
$135.00 (1.24% gain)
2.
$137.50 (3.18% gain)
3.
$156.00 (17% gain)
With a clear bullish trend and potential for significant upside, monitor price action closely. Adjust stop loss as needed to lock in profits.
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