Dec. 19 at 5:43 PM
Actionable Trade Alert for
$WDFC:
Market Context:
$WDFC is currently trading at
$205.76, showing bullish momentum with an RSI of 62.41, indicating potential overbought conditions but still room for upward movement. The stock is above both the 30-day MA (197.3) and 50-day MA (196.5), suggesting a strong upward trend.
Directional Bias: The recent price action is close to the 60-day high of
$215.0, indicating bullish sentiment. The distance from the 60-day low of
$186.19 reinforces the potential for upward movement.
Trade Plan:
- Suggested Entry:
$206.00
- Stop Loss:
$200.00 (risking
$6.00)
- Take Profit Targets:
1.
$210.00 (Target 1) - 2% ROI
2.
$215.00 (Target 2) - 4.5% ROI
3.
$241.00 (Target 3) - 17% ROI
This plan allows for a solid risk-reward ratio while capitalizing on the current bullish trend. Monitor closely for any changes in momentum.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
