Dec. 9 at 12:13 AM
Actionable Trade Alert for
$OPCH:
Market Context:
$OPCH is currently trading at
$30.24, nearing its 60-day high of
$31.51, indicating bullish momentum. The RSI at 67.84 suggests the stock is approaching overbought territory, but there's still room for upward movement.
Directional Bias: The stock's price is above both the 30-day MA (28.75) and the 50-day MA (28.24), confirming a bullish trend. The recent price action is strong, and the distance from the 60-day low (24.24) supports potential for further gains.
Trade Plan:
- Suggested Entry:
$30.24
- Stop Loss:
$28.50 (approximately 5.8% below entry)
- Take Profit Targets:
1.
$31.00 (Target 1, approx. 2.5% gain)
2.
$32.00 (Target 2, approx. 5.8% gain)
3.
$35.50 (Target 3, approx. 17% gain)
This plan aims for a minimum 17% ROI on Target 3 while maintaining a controlled risk.
For more insights, visit https://privateprofiteers.com.
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