Dec. 10 at 4:31 AM
Actionable Trade Alert for
$PAGP:
Market Context:
$PAGP is currently trading at
$18.55, with a strong RSI of 73.03 indicating overbought conditions. The stock is above its 30-day moving average (MA30) of
$17.97 and 50-day moving average (MA50) of
$17.79, suggesting bullish momentum. However, the high of
$19.12 in the last 60 days indicates potential resistance.
Directional Bias: Given the overbought RSI and proximity to the 60D high, we anticipate a pullback or consolidation before further upward movement.
Trade Plan:
- Suggested Entry:
$18.55
- Stop Loss:
$17.80 (below MA30 for protection)
- Take Profit Targets:
1. Target 1:
$19.00 (2.42% gain)
2. Target 2:
$19.50 (5.11% gain)
3. Target 3:
$21.00 (13.14% gain, 17% ROI)
Monitor price action closely and adjust targets as necessary.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
