Dec. 10 at 3:28 AM
Actionable Trade Alert for
$OHI:
Market Context:
$OHI closed at
$45.24, positioned near its 60D high of
$46.36, indicating potential resistance. The RSI at 51.76 suggests a neutral stance, neither overbought nor oversold.
Directional Bias: With the MA30 at
$44.02 and MA50 at
$42.71, the stock shows bullish momentum as it trades above these moving averages. The price is within the high-low range of
$39.26 to
$46.36, suggesting room for upward movement.
Trade Plan:
- Suggested Entry:
$45.50 (slightly above the last close to confirm upward momentum)
- Stop Loss:
$43.50 (below MA30 to limit risk)
- Take Profit Targets:
1.
$46.00 (1.1% gain)
2.
$47.00 (3.5% gain)
3.
$53.00 (17.2% gain)
This strategy offers a solid risk-reward ratio with a potential 17% ROI on the third target.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
