Dec. 19 at 4:28 PM
Actionable Trade Alert for
$PAYC:
Market Context:
$PAYC closed at
$164.31, showing a moderate bullish sentiment with an RSI of 56.82, indicating potential for upward movement. The stock is trading above its 30-day moving average (MA30) of
$163.86, suggesting positive momentum. However, it remains below the 50-day moving average (MA50) of
$176.78, indicating resistance ahead.
Directional Bias: The current RSI and position relative to MA30 suggest a bullish bias, especially considering the 60-day high of
$219.19 and low of
$156.5, providing a favorable range for upward movement.
Trade Plan:
- Suggested Entry:
$165.00
- Stop Loss:
$160.00 (risking
$5.00, approx. 3% loss)
- Take Profit Targets:
1.
$175.00 (10% ROI)
2.
$190.00 (15% ROI)
3.
$192.50 (17% ROI)
This plan aims for a significant return while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
