Dec. 6 at 3:02 AM
$TKR Actionable Trade Alert:
Market Context:
$TKR is currently trading at
$82.76, showing strong bullish momentum with an RSI of 65.71, indicating it is nearing overbought territory. The stock is above its 30-day (78.37) and 50-day (76.99) moving averages, suggesting a bullish trend. The 60-day high of
$84.43 provides a key resistance level, while the low of
$70.57 indicates a solid support range.
Directional Bias: The bullish sentiment is supported by the stock being above critical moving averages and the recent price action approaching the 60-day high.
Trade Plan:
- Suggested Entry:
$82.76
- Stop Loss:
$80.67 (1 ATR below the entry)
- Take Profit Targets:
1.
$84.43 (60D High) - 2% ROI
2.
$86.00 - 3% ROI
3.
$97.00 - 17% ROI
This plan offers a solid risk-reward ratio, capitalizing on the upward momentum while managing risk effectively.
https://privateprofiteers.com
