Dec. 6 at 3:18 AM
$TNL Actionable Trade Alert:
Market Context:
$TNL is currently trading at
$68.3, approaching its 60-day high of
$70.43. The RSI at 67.17 indicates that the stock is nearing overbought territory, suggesting a potential pullback or consolidation. However, the stock remains strong above its moving averages (MA30 at 64.68 and MA50 at 63.12), indicating bullish momentum.
Directional Bias: The bullish trend is supported by the stock's position above key moving averages and its recent performance near the high of the 60-day range.
Trade Plan:
- Suggested Entry:
$68.5
- Stop Loss:
$66.5 (1.8% below entry)
- Take Profit Targets:
- TP1:
$70.0 (2.2% gain)
- TP2:
$72.0 (5.4% gain)
- TP3:
$80.0 (17.1% gain)
This plan offers a potential ROI of over 17% on TP3, making it an attractive trade setup. Monitor price action closely for any signs of reversal near targets.
https://privateprofiteers.com
