Dec. 8 at 11:37 PM
$SFD: Current market context shows a recent close at
$21.75, with an RSI of 59.79 indicating bullish momentum but not yet overbought. The price is above the 30-day moving average (MA30) of
$21.73, suggesting a positive short-term trend, while the 50-day moving average (MA50) of
$21.92 indicates potential resistance ahead. The 60-day high of
$24.75 provides a target for upside potential, while the low at
$21.08 sets a strong support level.
Actionable Trade Alert:
- Suggested Entry:
$21.80
- Stop Loss:
$21.50
- Take Profit Targets:
1. Target 1:
$22.50 (3.2% ROI)
2. Target 2:
$23.50 (8.5% ROI)
3. Target 3:
$25.50 (17.0% ROI)
The bullish bias is supported by the current price action and the RSI positioning. Monitor for upward momentum to reach targets.
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