Dec. 10 at 4:55 AM
Actionable Trade Alert for
$SXI:
Market Context:
$SXI is currently trading at
$231.06, showing a moderate RSI of 54.98, indicating a neutral market sentiment. The stock is positioned between its 60D high of
$249.61 and low of
$199.8, suggesting potential for upward movement.
Directional Bias: The stock is above its MA50 (
$232.23) but below its MA30 (
$235.95), indicating a slight bullish trend. The ATR of 7.88 suggests volatility, providing opportunities for profit.
Trade Plan:
- Suggested Entry:
$231.50 (slightly above the last close for confirmation)
- Stop Loss:
$223.18 (approximately 3.4% below entry)
- Take Profit Targets:
1.
$240.00 (3.7% gain)
2.
$245.00 (5.8% gain)
3.
$270.00 (16.6% gain)
This plan offers a potential ROI of over 17% on the third target. Monitor the price action closely and adjust your stop loss to lock in profits as the trade progresses.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
