Dec. 6 at 1:46 AM
$SYM: The current market context shows a last close at
$60.48, with an RSI of 50.56 indicating neutral momentum. The stock is trading below its MA30 (68.78) and MA50 (67.21), suggesting a bearish trend in the short to medium term. However, the price is well above the 60D low of 47.23, indicating potential support.
Directional bias leans slightly bullish due to the proximity to the 60D low and the neutral RSI, which could signal a reversal opportunity.
Suggested entry:
$60.50.
Stop loss:
$52.00 (approx. 14% below entry).
Take Profit Targets:
1.
$68.00 (12.3% ROI)
2.
$75.00 (24.1% ROI)
3.
$71.00 (17.5% ROI)
This plan aims for a conservative approach, targeting a 17%+ ROI on the third take profit while maintaining a manageable risk. Monitor market conditions closely for any changes.
https://privateprofiteers.com
