Dec. 17 at 2:07 AM
Actionable Trade Alert for
$PANW:
Market Context:
$PANW is currently trading at
$187.06, showing a neutral RSI at 51.1, indicating no overbought or oversold conditions. The stock is below both the 30-day MA (197.59) and 50-day MA (204.17), suggesting potential resistance levels ahead.
Directional Bias: Given the current price is closer to the 60-day low of
$180.05, there is a slight bearish sentiment. However, with the RSI not indicating extreme conditions, a rebound towards the moving averages is possible.
Trade Plan:
- Suggested Entry:
$188.00 (slightly above last close to confirm upward momentum)
- Stop Loss:
$180.00 (below the 60D low for risk management)
- Take Profit Targets:
1.
$200.00 (6.4% ROI)
2.
$210.00 (11.6% ROI)
3.
$220.00 (17.6% ROI)
This plan aims for a minimum of 17% ROI on the third target while managing risk effectively. Monitor price action closely for adjustments.
For more insights, visit https://privateprofiteers.com.
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