Dec. 6 at 3:40 AM
Actionable Trade Alert for
$TTAM:
Current market context shows
$TTAM closing at
$15.82, with an RSI of 50.13 indicating neutral momentum. The 30-day moving average (MA30) at
$15.4 and the 50-day moving average (MA50) at
$15.23 suggest a bullish trend as the price is above these MAs. The 60-day high of
$16.45 presents an upside potential, while the low of
$14.29 indicates a solid support level.
Directional bias is bullish due to the price being above both MA30 and MA50, along with the RSI indicating potential for upward movement.
Suggested Trade Plan:
- Entry:
$15.85 (slightly above the last close for confirmation)
- Stop Loss:
$15.20 (to limit risk)
- Take Profit Targets:
1.
$16.00 (1% gain)
2.
$16.25 (2.7% gain)
3.
$18.50 (17% gain)
This plan aims for a minimum of 17% ROI on the third target while maintaining a reasonable risk-reward ratio.
For more insights, visit https://privateprofiteers.com.
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