Dec. 17 at 3:43 AM
$POR Actionable Trade Alert:
Market Context:
$POR is currently trading at
$48.68, showing a bearish sentiment with an RSI of 36.86, indicating potential oversold conditions. The stock is below its 30-day moving average (MA30) of
$49.05, suggesting a downward trend, but above the 50-day moving average (MA50) of
$47.39, which may provide support.
Directional Bias: Given the RSI and proximity to MA50, there is potential for a reversal. The 60-day high of
$51.14 offers a target for recovery, while the 60-day low of
$42.57 indicates a strong support level.
Trade Plan:
- Suggested Entry:
$48.70 (slightly above the last close)
- Stop Loss:
$47.00 (below MA50 for risk management)
- Take Profit Targets:
1.
$50.00 (4% gain)
2.
$51.00 (5.5% gain)
3.
$57.00 (17% gain)
This plan leverages the potential for a price recovery while managing risk effectively.
https://privateprofiteers.com
