Dec. 15 at 6:32 AM
Actionable Trade Alert for
$UDR:
Market Context:
$UDR closed at
$35.53, showing a neutral market sentiment with an RSI of 49.16, indicating no immediate overbought or oversold conditions. The stock is currently trading above its 30-day moving average (MA30) of
$35.02, suggesting potential bullish momentum. However, it's slightly below the 50-day moving average (MA50) of
$35.36, indicating mixed signals.
Directional Bias: The price is within the 60-day high of
$37.86 and low of
$32.94, providing a range for potential movement. The ATR of 0.58 suggests moderate volatility, which can be favorable for trading.
Trade Plan:
- Suggested Entry:
$35.60 (slightly above the last close)
- Stop Loss:
$34.80 (below the recent support level)
- Take Profit Targets:
- Target 1:
$36.50 (2.5% gain)
- Target 2:
$37.00 (4.2% gain)
- Target 3:
$41.50 (16.7% gain)
This trade plan aims for a minimum 17% ROI on the third target.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
