Dec. 6 at 1:49 AM
$STT Trade Alert: Current market context shows a bullish sentiment with the last close at
$121.87, above the 30-day moving average (MA30) of
$117.01 and the 50-day moving average (MA50) of
$116.21. The RSI at 60.16 indicates upward momentum, suggesting potential for further gains. The price is near the 60-day high of
$122.69, indicating resistance, but with a strong bullish bias.
Action Plan:
- Suggested Entry:
$121.90
- Stop Loss:
$118.50 (below MA30 for protection)
- Take Profit Targets:
1.
$124.00 (2% gain)
2.
$126.50 (3.3% gain)
3.
$142.00 (16.5% gain)
The third target offers a potential ROI of over 17%, capitalizing on the bullish trend. Monitor the trade closely, especially around resistance levels.
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