Dec. 15 at 6:21 AM
Actionable Trade Alert for
$PINS
Market Context:
$PINS is currently trading at
$25.99, showing a solid position within its 60-day range of
$24.37 to
$36.45. The RSI at 58.19 indicates bullish momentum, suggesting potential upward movement.
Directional Bias: The price is below both the 30-day MA of
$27.09 and the 50-day MA of
$29.33, indicating a possible reversal or recovery opportunity. Given the RSI and the proximity to the 60-day high, there is potential for a breakout.
Trade Plan:
- Suggested Entry:
$26.10 (slightly above the last close for confirmation)
- Stop Loss:
$24.50 (to limit risk)
- Take Profit Targets:
1.
$28.00 (7.25% ROI)
2.
$30.00 (14.57% ROI)
3.
$30.50 (17.25% ROI)
This trade plan offers a structured approach with a solid risk-reward ratio, aiming for a minimum of 17% ROI on the third target.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
