Dec. 17 at 2:09 AM
Actionable Trade Alert for
$PLD:
Market Context:
$PLD closed at
$127.71, showing a solid position above its 30-day moving average (MA30) of
$126.32 and 50-day moving average (MA50) of
$124.33. The RSI at 55.14 indicates a neutral to bullish sentiment, suggesting potential for upward movement.
Directional Bias: Given the current price is above both MAs and the RSI is not overbought, there is a bullish bias. The recent high of
$131.34 indicates room for growth, while the 60-day low of
$111.03 establishes a solid support level.
Trade Plan:
- Suggested Entry:
$128.00
- Stop Loss:
$125.50 (risking
$2.50)
- Take Profit Targets:
1.
$130.00 (1st Target, 1.56% ROI)
2.
$132.00 (2nd Target, 3.13% ROI)
3.
$149.00 (3rd Target, 16.67% ROI)
This plan aims for a minimum of 17% ROI on the third target, aligning with the bullish outlook.
For further insights, visit https://privateprofiteers.com.
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