Dec. 6 at 2:11 AM
Actionable Trade Alert for
$USFD:
Market Context:
$USFD closed at
$76.15, showing strength above both the 30-day MA of
$73.95 and the 50-day MA of
$74.79. The RSI at 63.62 indicates bullish momentum, but approaching overbought territory. The 60-day high of
$80.32 suggests potential resistance ahead.
Directional Bias: The price is trending upward, supported by the moving averages. The current price is well above the 60-day low of
$69.88, indicating a strong bullish sentiment.
Trade Plan:
- Suggested Entry:
$76.15
- Stop Loss:
$74.00 (below the 50-day MA)
- Take Profit Targets:
1. Target 1:
$78.00 (2.43% ROI)
2. Target 2:
$79.50 (4.43% ROI)
3. Target 3:
$89.00 (17% ROI)
This trade plan capitalizes on the upward momentum while managing risk effectively. Monitor the price action closely as it approaches the targets.
https://privateprofiteers.com
