Dec. 11 at 11:36 PM
Actionable Trade Alert for
$RVTY:
Market Context:
$RVTY is currently trading at
$103.29, nearing its 60D high of
$106.52. With an RSI of 68.58, the asset is approaching overbought territory, indicating potential for a pullback or consolidation. However, the bullish trend is supported by the MA30 at
$97.0 and MA50 at
$95.73, suggesting upward momentum.
Directional Bias: The price is above both the 30-day and 50-day moving averages, indicating a bullish trend. The recent high and low range (60D High:
$106.52, 60D Low:
$82.47) provides a strong context for potential price movement.
Trade Plan:
- Suggested Entry:
$103.50
- Stop Loss:
$100.00 (3.5% below entry)
- Take Profit Targets:
1.
$106.00 (Target 1: 2.4% ROI)
2.
$108.00 (Target 2: 4.5% ROI)
3.
$121.00 (Target 3: 17.2% ROI)
Monitor closely for price action near targets. Adjust stop loss to secure profits as targets are reached.
https://privateprofiteers.com
