Dec. 31 at 4:09 AM
$PR: Current market context shows a mixed sentiment with the last close at
$14.17. The RSI at 40.43 indicates potential for upward movement, as it is below the neutral 50, suggesting the stock may be oversold. The MA30 at
$14.26 is slightly above the current price, acting as a resistance level, while the MA50 at
$13.65 provides support. The 60D high of
$15.2 presents a target for potential breakout.
Actionable Trade Plan:
- Suggested Entry:
$14.20 (above MA30 for confirmation)
- Stop Loss:
$13.85 (below MA50 for protection)
- Take Profit Targets:
1.
$14.75 (3.9% gain)
2.
$15.00 (5.8% gain)
3.
$16.60 (17.1% gain)
The trade is structured to capitalize on the upward potential while managing risk effectively. Monitor price action around the MA30 and adjust targets as necessary.
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