Dec. 19 at 4:18 PM
Actionable Trade Alert for
$STRL:
Market Context:
$STRL is currently trading at
$302.3, below its 30-day moving average (MA30) of
$335.25 and 50-day moving average (MA50) of
$349.01, indicating bearish pressure. The RSI at 36.22 suggests that the stock is approaching oversold territory, which may present a potential reversal opportunity.
Directional Bias: Given the RSI and the proximity to the 60-day low of
$281.58, there is a possibility for a bullish reversal in the near term. The ATR of 21.08 indicates volatility, allowing for significant price movements.
Trade Plan:
- Suggested Entry:
$302.3
- Stop Loss:
$281.5 (approximately 6.85% below entry)
- Take Profit Targets:
- TP1:
$335 (10.8% ROI)
- TP2:
$360 (19.1% ROI)
- TP3:
$354 (17.1% ROI)
This plan offers a favorable risk-reward ratio with the potential for over 17% ROI on TP3. Monitor price action closely for any signs of reversal.
https://privateprofiteers.com
