Dec. 10 at 4:53 AM
Actionable Trade Alert for
$TTAM:
Market Context:
$TTAM closed at
$15.94, showing strong momentum with an RSI of 62.07, indicating bullish sentiment but nearing overbought territory. The stock is above its 30-day MA of
$15.45 and 50-day MA of
$15.29, suggesting a positive trend.
Directional Bias: The current price is approaching the 60-day high of
$16.45, which presents a potential breakout opportunity. The low of
$14.29 provides a solid support level, enhancing the bullish outlook.
Trade Plan:
- Suggested Entry:
$15.95
- Stop Loss:
$15.40 (3.5% below entry)
- Take Profit Targets:
1.
$16.20 (Target 1: 1.57% ROI)
2.
$16.45 (Target 2: 3.18% ROI)
3.
$18.64 (Target 3: 16.93% ROI)
With a potential ROI of over 17% on the third target, this trade offers a favorable risk-reward ratio. Monitor the price action closely and adjust the stop loss as necessary.
For more insights, visit https://privateprofiteers.com.
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