Dec. 6 at 2:08 AM
Actionable Trade Alert for
$ULS
Market Context: Currently,
$ULS is trading at
$76.74, significantly below its 30-day moving average (MA30) of
$84.6 and 50-day moving average (MA50) of
$80.17, indicating bearish sentiment. The RSI at 32.73 suggests the stock is oversold, presenting a potential reversal opportunity. The 60-day high of
$91.95 and low of
$65.17 further defines the trading range.
Directional Bias: Given the oversold RSI and proximity to the 60-day low, there is potential for a bullish reversal.
Trade Plan:
- Entry:
$76.74
- Stop Loss:
$65.00 (approximately 15% below entry)
- Take Profit Targets:
- Target 1:
$82.00 (6.5% ROI)
- Target 2:
$86.00 (12.1% ROI)
- Target 3:
$90.00 (17.2% ROI)
This plan allows for a structured approach to capitalize on a potential upward movement while managing risk effectively.
https://privateprofiteers.com
