Dec. 8 at 11:00 PM
Actionable Trade Alert for
$TOST:
Market Context:
$TOST is currently trading at
$35.04, showing a moderate RSI of 52.0, indicating a neutral momentum. The stock is positioned between its 60-day high of
$42.15 and low of
$32.15, suggesting potential for upward movement.
Directional Bias: With the price below the 30-day (MA30) and 50-day (MA50) moving averages, there is a slight bearish sentiment. However, the RSI indicates that the stock is not overbought, allowing for potential upside.
Trade Plan:
- Suggested Entry:
$35.10 (slightly above the last close to confirm upward momentum)
- Stop Loss:
$33.50 (below recent support)
- Take Profit Targets:
1.
$37.00 (Target 1: 5.4% ROI)
2.
$39.00 (Target 2: 11.3% ROI)
3.
$41.00 (Target 3: 17.0% ROI)
This trade plan allows for a structured approach to capitalize on potential price recovery while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
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