Dec. 12 at 12:17 AM
Actionable Trade Alert for
$TGTX:
Market Context:
$TGTX is currently trading at
$31.41, showing a moderate RSI of 55.32, indicating a neutral to slightly bullish momentum. The stock is positioned between its 60D high of
$37.55 and low of
$29.50, suggesting potential for upward movement.
Directional Bias: The stock's price is below both the 30-day moving average (MA30) of
$31.86 and the 50-day moving average (MA50) of
$33.07, indicating a potential reversal opportunity. The RSI is not overbought, allowing for further upside potential.
Trade Plan:
- Suggested Entry:
$31.50
- Stop Loss:
$29.50 (below the 60D low)
- Take Profit Targets:
1.
$33.00 (6% gain)
2.
$35.00 (11.5% gain)
3.
$36.75 (17% gain)
This trade plan offers a clear path to capitalize on potential upward movement while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
