Dec. 25 at 1:24 PM
Actionable Trade Alert for
$VZ:
Market Context:
$VZ is currently trading at
$40.32, showing a neutral to slightly bullish sentiment. The RSI at 40.82 indicates that the stock is nearing oversold territory, suggesting potential upward momentum. The stock is also above its 30-day moving average (MA30) of
$40.72, indicating short-term bullishness.
Directional Bias: The proximity of the price to the 60-day low of
$38.39 and the recent high of
$44.09 suggests a potential rebound. The MA50 at
$40.35 supports the idea of a bullish reversal as well.
Trade Plan:
- Suggested Entry:
$40.50
- Stop Loss:
$39.50 (2.5% below entry)
- Take Profit Targets:
1.
$42.00 (3.7% gain)
2.
$43.00 (6.1% gain)
3.
$47.00 (16.4% gain)
This plan offers a potential ROI of over 17% on the third target. Monitor the stock closely for any changes in momentum.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
