Dec. 6 at 3:35 AM
Actionable Trade Alert for
$PCH:
Market Context:
$PCH is currently trading at
$38.86, with a recent RSI of 40.83 indicating a neutral stance. The stock is below both the 30-day MA of
$39.96 and the 50-day MA of
$40.61, suggesting bearish pressure. However, the price is closer to the 60-day low of
$37.69 than the high of
$43.8, indicating potential for a rebound.
Directional Bias: The RSI is approaching the oversold territory, which may signal a reversal. A break above the 30-day MA could indicate a bullish trend.
Trade Plan:
- Suggested Entry:
$39.00 (above recent resistance)
- Stop Loss:
$37.50 (below the 60-day low)
- Take Profit Targets:
1.
$41.00 (1st target, 5.13% ROI)
2.
$42.00 (2nd target, 7.69% ROI)
3.
$45.50 (3rd target, 17.67% ROI)
This plan provides a favorable risk-reward ratio with a potential 17%+ return on the third target.
For more insights, visit https://privateprofiteers.com.
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