Dec. 19 at 4:17 PM
Actionable Trade Alert for
$PCOR:
Market Context:
$PCOR is currently trading at
$74.34, positioned between its 60-day high of
$82.32 and low of
$68.80. The RSI at 51.26 indicates a neutral stance, suggesting potential for upward movement as it is not overbought or oversold.
Directional Bias: The price is slightly below the 30-day moving average (MA30) of
$75.13 but above the 50-day moving average (MA50) of
$74.13, indicating a potential bullish reversal.
Trade Plan:
- Suggested Entry:
$74.50
- Stop Loss:
$72.00 (risking
$2.50)
- Take Profit Targets:
1.
$78.00 (Target 1, 4.5% ROI)
2.
$80.00 (Target 2, 7.0% ROI)
3.
$87.00 (Target 3, 17% ROI)
With a clear upward bias, this trade plan offers a favorable risk-reward ratio. Monitor price action closely for confirmation.
https://privateprofiteers.com
