Dec. 17 at 2:05 AM
Actionable Trade Alert for
$VZ:
Market Context:
$VZ is currently trading at
$40.73, with a neutral RSI of 51.41 indicating no immediate overbought or oversold conditions. The stock is positioned above its 30-day MA of
$40.66 and 50-day MA of
$40.40, suggesting a bullish trend in the short term.
Directional Bias: Given the current price is closer to the 60-day high of
$44.09 than the low of
$38.39, we anticipate upward momentum. The ATR of
$0.64 indicates moderate volatility, allowing for potential price movement.
Trade Plan:
- Suggested Entry:
$40.80 (slightly above the last close to confirm upward momentum)
- Stop Loss:
$39.50 (protecting against a significant downturn)
- Take Profit Targets:
1.
$42.00 (3% gain)
2.
$43.00 (5.5% gain)
3.
$47.75 (17% gain)
This plan offers a structured approach to capitalize on potential upward movement while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
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