Dec. 15 at 7:14 AM
Actionable Trade Alert for
$OLED:
Market Context:
$OLED is currently trading at
$118.18, showing a strong upward momentum with an RSI of 62.85, indicating it is nearing overbought territory. However, the price is below both the 30-day MA of 122.37 and the 50-day MA of 131.84, suggesting potential resistance ahead.
Directional Bias: The price action is within a 60-day range of
$107.23 (low) to
$153.38 (high), indicating room for movement. The RSI indicates bullish sentiment, but caution is warranted due to proximity to overbought levels.
Trade Plan:
- Suggested Entry:
$119.00 (slightly above the last close to confirm upward momentum)
- Stop Loss:
$115.00 (to limit downside risk)
- Take Profit Targets:
1.
$125.00 (5% gain)
2.
$135.00 (13.5% gain)
3.
$138.00 (16.8% gain, over 17% ROI)
This trade plan capitalizes on potential upward movement while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
