Dec. 15 at 6:30 AM
Actionable Trade Alert for
$RPM:
Market Context:
$RPM is currently trading at
$107.22, showing a moderate bullish sentiment with an RSI of 56.62, indicating potential for upward movement. The stock is above its 30-day moving average (MA30) of
$105.97 but below its 50-day moving average (MA50) of
$108.47, suggesting a possible consolidation phase.
Directional Bias: The price is closer to the 60-day high of
$124.49, indicating room for growth. The ATR of 2.11 suggests moderate volatility, providing opportunities for significant price movement.
Trade Plan:
- Suggested Entry:
$107.50
- Stop Loss:
$104.50 (risking
$3.00)
- Take Profit Targets:
1. Target 1:
$112.00 (5% ROI)
2. Target 2:
$116.00 (8% ROI)
3. Target 3:
$125.00 (16.5% ROI)
With a clear upward bias and potential to reach the 60-day high, this trade offers a solid risk-reward scenario.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
