Dec. 15 at 7:56 AM
Actionable Trade Alert for
$TDW:
Market Context:
$TDW is currently trading at
$55.72, showing a bullish sentiment as it is above both the 30-day moving average (MA30) of
$55.11 and the 50-day moving average (MA50) of
$53.08. The RSI of 55.76 indicates that the stock is neither overbought nor oversold, suggesting room for upward movement.
Directional Bias: The stock has recently approached the 60-day high of
$60.28, indicating potential for further gains. The ATR of 2.42 suggests moderate volatility, allowing for reasonable price fluctuations.
Trade Plan:
- Suggested Entry:
$55.80
- Stop Loss:
$53.50 (approximately 4% below entry)
- Take Profit Targets:
1. Target 1:
$58.00 (4% gain)
2. Target 2:
$60.00 (7.9% gain)
3. Target 3:
$65.00 (16.7% gain)
With a potential ROI of over 17% on Target 3, this trade presents a favorable risk-reward scenario.
https://privateprofiteers.com
