Dec. 19 at 5:01 PM
Actionable Trade Alert for
$PTGX:
Market Context:
$PTGX is currently trading at
$85.79, showing a neutral sentiment with an RSI of 42.74, indicating potential for upward movement as it is below the 50 threshold. The stock is also below the 30-day moving average (MA30) of
$87.16, suggesting bearish pressure, but above the 50-day moving average (MA50) of
$82.95, indicating support.
Directional Bias: With the current price near the lower end of the 60-day range (
$62.24 -
$96.54), there is room for recovery. The ATR of 3.53 suggests moderate volatility, providing opportunities for profit.
Trade Plan:
- Suggested Entry:
$85.79
- Stop Loss:
$82.50 (approximately 3% below entry)
- Take Profit Targets:
- Target 1:
$90.00 (5% ROI)
- Target 2:
$95.00 (10.5% ROI)
- Target 3:
$100.00 (17% ROI)
This trade plan capitalizes on potential upward momentum while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
