Dec. 6 at 3:13 AM
Actionable Trade Alert for
$REZI:
Market Context:
$REZI is currently trading at
$34.25, showing a strong upward momentum with an RSI of 62.29, indicating it's nearing overbought territory but still has room to run. The stock is below its 30-day moving average (MA30) of
$35.45 and 50-day moving average (MA50) of
$38.01, suggesting potential for upward correction.
Directional Bias: Given the recent high of
$45.29 and low of
$28.66 over the last 60 days, there's a bullish sentiment as the price is closer to the lower range. The ATR of 1.49 indicates moderate volatility, allowing for reasonable movement.
Trade Plan:
- Suggested Entry:
$34.50
- Stop Loss:
$32.50 (Risking
$2.00)
- Take Profit Targets:
1.
$37.00 (Target 1: 7.2% ROI)
2.
$40.00 (Target 2: 15.5% ROI)
3.
$40.50 (Target 3: 17.5% ROI)
This plan provides a clear path to capitalize on the upward potential while managing risk effectively.
https://privateprofiteers.com
