Dec. 10 at 3:51 AM
Actionable Trade Alert for
$UMBF:
Market Context:
$UMBF is currently trading at
$113.95, above both the 30-day moving average (MA30) of
$109.56 and the 50-day moving average (MA50) of
$111.81, indicating a bullish trend. However, with an RSI of 75.79, the stock is approaching overbought territory, suggesting potential consolidation or a pullback.
Directional Bias: The bullish trend is supported by the price being near the 60-day high of
$124.42. However, the high RSI indicates caution as it may lead to a short-term correction.
Trade Plan:
- Suggested Entry:
$113.95
- Stop Loss:
$111.00 (below MA50)
- Take Profit Targets:
1. Target 1:
$117.00 (approx. 2.8% gain)
2. Target 2:
$120.00 (approx. 5.8% gain)
3. Target 3:
$133.00 (approx. 16.7% gain)
This plan offers a potential ROI of over 17% on the third target while managing risk with a stop loss.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
