Dec. 25 at 3:34 PM
Actionable Trade Alert for
$TVTX:
Market Context:
$TVTX is currently trading at
$40.28, nearing its 60-day high of
$42.13, indicating a bullish sentiment. The RSI at 67.69 suggests that the stock is approaching overbought territory, which could lead to a pullback. However, the strong upward trend is supported by the moving averages.
Directional Bias: The stock is above both the 30-day MA (35.25) and the 50-day MA (33.43), reinforcing a bullish outlook. The recent high-low range shows significant volatility, with a 60D low of
$23.22, providing a solid base for potential gains.
Trade Plan:
- Suggested Entry:
$40.50 (slightly above the last close to confirm momentum)
- Stop Loss:
$38.00 (below recent support levels)
- Take Profit Targets:
1.
$42.00 (4.3% gain)
2.
$44.00 (8.8% gain)
3.
$47.00 (16.6% gain, 17% ROI+)
This plan capitalizes on the bullish trend while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
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