Dec. 19 at 3:59 PM
Actionable Trade Alert for
$TSN:
Market Context:
$TSN is currently trading at
$58.25, showing a neutral RSI of 50.95, indicating no immediate overbought or oversold conditions. The stock is above its 30-day moving average (MA30) of
$56.06 and significantly above its 50-day moving average (MA50) of
$54.45, suggesting a bullish bias in the near term. The 60-day high of
$60.47 provides a resistance level, while the low of
$50.56 offers a support reference.
Directional Bias: Given the proximity to the 60-day high and the positive positioning relative to the MAs, we maintain a bullish outlook for
$TSN.
Trade Plan:
- Suggested Entry:
$58.25
- Stop Loss:
$56.00 (2.5% below entry)
- Take Profit Targets:
- Target 1:
$60.00 (3% gain)
- Target 2:
$61.50 (5.5% gain)
- Target 3:
$68.00 (16.7% gain)
This plan aims for at least a 17% ROI on the third target while maintaining a manageable risk.
https://privateprofiteers.com
