Dec. 6 at 3:18 AM
$SPR has closed at
$39.41, showing a strong upward momentum with an RSI of 67.91, indicating potential overbought conditions. The stock is currently above its 30-day moving average (MA30) of
$36.74 and 50-day moving average (MA50) of
$37.58, suggesting a bullish trend. The recent 60-day high of
$40.90 provides a resistance level, while the low of
$34.62 indicates a solid support base.
Actionable Trade Alert:
- Suggested Entry:
$39.50
- Stop Loss:
$37.50 (approximately 5% risk)
- Take Profit Targets:
- Target 1:
$41.00 (3.8% gain)
- Target 2:
$42.50 (7.9% gain)
- Target 3:
$46.00 (16.6% gain)
With a potential ROI of over 17% on the third target, this trade offers a favorable risk-reward ratio. Maintain awareness of market volatility as indicated by the ATR of 0.99.
For further insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
