Dec. 17 at 4:19 AM
$RARE: Current market context indicates a bullish sentiment as the last close at
$34.34 is above both the 30-day MA of
$33.85 and the 50-day MA of
$33.59. The RSI at 54.75 suggests that the stock is neither overbought nor oversold, indicating potential for upward movement. The 60-day high of
$39.89 provides a clear resistance level, while the low of
$27.75 establishes a solid support range.
Actionable Trade Plan:
- Suggested Entry:
$34.50 (slightly above last close for confirmation)
- Stop Loss:
$32.50 (below recent support)
- Take Profit Targets:
1. Target 1:
$36.00 (4.35% ROI)
2. Target 2:
$37.50 (8.70% ROI)
3. Target 3:
$40.00 (16.68% ROI)
This plan offers a structured approach with a potential ROI exceeding 17% at the third target. Monitor price action closely and adjust stop loss to lock in profits as targets are reached.
https://privateprofiteers.com
