Dec. 11 at 10:45 PM
Actionable Trade Alert for
$WDAY:
Market Context:
$WDAY is currently trading at
$223.61, showing a moderate RSI of 56.99, indicating bullish momentum but not overbought. The stock is positioned between its 60D high of
$249.85 and low of
$207.67, suggesting potential for upward movement.
Directional Bias: The stock is slightly below its 30-day moving average (MA30) of
$224.53, indicating a possible reversal opportunity. The MA50 at
$229.58 suggests resistance ahead, but the overall trend remains positive given the recent price action.
Trade Plan:
- Suggested Entry:
$224.00
- Stop Loss:
$217.00 (3.1% below entry)
- Take Profit Targets:
1.
$232.00 (3.57% gain)
2.
$240.00 (7.14% gain)
3.
$261.00 (16.66% gain)
This plan provides a potential ROI of over 17% on the third target, with a manageable stop loss. Monitor the price action closely for adjustments.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
