Dec. 8 at 10:57 PM
Actionable Trade Alert for
$VLTO:
Market Context:
$VLTO is currently trading at
$99.93, showing a moderate RSI of 55.19, indicating no overbought or oversold conditions. The stock is positioned between its 60D high of
$109.53 and low of
$95.84, suggesting potential for upward movement.
Directional Bias: The price is above the 30-day MA of
$99.90 but below the 50-day MA of
$101.58, indicating a possible bullish reversal. The ATR of 2.12 suggests reasonable volatility for trading.
Trade Plan:
- Suggested Entry:
$100.50 (above the 30-day MA)
- Stop Loss:
$97.50 (below the 60D low)
- Take Profit Targets:
1.
$104.00 (4.9% ROI)
2.
$107.00 (6.9% ROI)
3.
$117.00 (17% ROI)
This trade plan capitalizes on the potential upward movement, with a clear exit strategy for profit-taking and risk management.
For more insights, visit https://privateprofiteers.com.
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