Dec. 10 at 3:06 AM
Actionable Trade Alert for
$SYF:
Market Context:
$SYF is currently trading at
$81.01, near its 60-day high of
$81.43, indicating strong bullish momentum. The RSI is at 91.38, suggesting overbought conditions, while the MA30 and MA50 are significantly lower at 75.33 and 73.88, respectively, indicating potential for a pullback.
Directional Bias: The high RSI indicates a strong upward trend, but caution is advised due to the proximity to the 60-day high. This suggests a possible reversal or consolidation.
Trade Plan:
- Suggested Entry:
$81.01
- Stop Loss:
$78.50 (approximately 3% below entry)
- Take Profit Targets:
1. Target 1:
$83.00 (2.5% gain)
2. Target 2:
$85.00 (4.9% gain)
3. Target 3:
$95.00 (17.2% gain)
With the potential for a significant return on Target 3, this trade presents a compelling opportunity. Monitor closely for any signs of reversal.
https://privateprofiteers.com
