Dec. 8 at 11:58 PM
Actionable Trade Alert for
$TMHC:
Market Context:
$TMHC closed at
$61.3, showing strength with an RSI of 61.73, indicating bullish momentum. The stock is trading above its 30-day MA of
$60.33 and slightly above its 50-day MA of
$61.54, suggesting positive short-term sentiment. The 60-day high of
$71.14 provides a potential upside target, while the low of
$56.62 sets a clear support level.
Directional Bias: The current RSI indicates the stock is not overbought, allowing for further upside potential. The proximity to the 60D high suggests a bullish outlook.
Trade Plan:
- Suggested Entry:
$61.5
- Stop Loss:
$58.5 (approximately 4.5% below entry)
- Take Profit Targets:
- Target 1:
$65.5 (6.5% ROI)
- Target 2:
$68.0 (10.5% ROI)
- Target 3:
$71.0 (15.5% ROI)
With these targets, the third target offers a potential ROI of over 17%. Monitor the trade closely and adjust as necessary.
For more insights, visit https://privateprofiteers.com.
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