Dec. 11 at 10:52 PM
Actionable Trade Alert for
$WCN:
Market Context:
$WCN closed at
$171.18, showing a neutral RSI of 44.67, indicating potential for upward movement as it is not overbought. The stock is trading near its 30-day moving average (MA30) of
$170.77, suggesting stability, while the 50-day moving average (MA50) of
$171.8 indicates slight resistance above.
Directional Bias: With the 60-day high at
$179.74 and low at
$163.27, there is a potential for a rebound from current levels. The ATR of 2.67 suggests moderate volatility, allowing for reasonable price movements.
Trade Plan:
- Suggested Entry:
$171.50
- Stop Loss:
$167.50 (2.5% below entry)
- Take Profit Targets:
- TP1:
$175.00 (2.9% gain)
- TP2:
$178.00 (3.8% gain)
- TP3:
$200.00 (16.8% gain)
This plan targets a minimum 17% ROI on TP3, leveraging the stock's potential rebound within the high-low range.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
