Dec. 25 at 2:13 PM
$RBRK: Current market context shows a recent close at
$78.8, with an RSI of 58.99 indicating bullish momentum but not yet overbought. The price is above both the 30-day MA (75.33) and the 50-day MA (75.47), suggesting a strong upward trend. The 60-day high of
$92.77 provides a clear resistance level, while the low of
$64.75 establishes a solid support range.
Actionable Trade Plan:
- Suggested Entry:
$79.00 (slightly above the last close for confirmation)
- Stop Loss:
$74.00 (to limit potential losses)
- Take Profit Targets:
1. Target 1:
$84.00 (6.33% gain)
2. Target 2:
$88.00 (11.39% gain)
3. Target 3:
$92.00 (16.67% gain)
This strategy offers a potential ROI of over 16% on the third target, capitalizing on the upward momentum while managing risk effectively.
Trade with confidence.
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