Dec. 15 at 5:39 AM
Actionable Trade Alert for
$VZ:
Market Context:
$VZ is currently trading at
$40.89, showing a neutral RSI of 47.28, indicating no immediate overbought or oversold conditions. The stock is positioned above its 30-day (MA30) and 50-day (MA50) moving averages, suggesting a potential bullish bias.
Directional Bias: The price is closer to the 60-day high of
$44.09 than the low of
$38.39, indicating upward momentum. The ATR of 0.72 suggests moderate volatility, allowing for potential price swings.
Trade Plan:
- Suggested Entry:
$41.00
- Stop Loss:
$39.50 (3.7% below entry)
- Take Profit Targets:
- Target 1:
$42.50 (3.7% gain)
- Target 2:
$43.50 (6.1% gain)
- Target 3:
$48.00 (17% gain)
This plan provides a clear risk-reward ratio with the potential for significant returns. Monitor the price action closely and adjust stops as necessary.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
