Dec. 6 at 2:22 AM
Actionable Trade Alert for
$SNX:
Market Context:
$SNX is currently trading at
$154.49, showing a bullish sentiment as it is above the 30-day moving average (MA30) of
$151.76 and close to the 50-day moving average (MA50) of
$154.27. The RSI at 58.34 indicates that the asset is nearing overbought territory but still has room for upward movement.
Directional Bias: The price is within the 60-day high of
$167.76 and low of
$142.22, suggesting potential for upward momentum. The ATR of 3.56 indicates moderate volatility, allowing for reasonable price movement.
Trade Plan:
- Suggested Entry:
$155.00
- Stop Loss:
$150.00 (risking
$5.00)
- Take Profit Targets:
1.
$160.00 (Target 1: 3.23% ROI)
2.
$165.00 (Target 2: 6.45% ROI)
3.
$181.00 (Target 3: 17.16% ROI)
This plan offers a solid risk-reward ratio with potential for significant returns.
https://privateprofiteers.com
