Dec. 6 at 3:45 AM
Actionable Trade Alert for
$WDFC:
Market Context:
$WDFC is currently trading at
$193.27, showing a neutral to slightly bearish sentiment with an RSI of 40.61, indicating potential for upward movement as it is near the lower end of the range. The stock is below its 30-day moving average (MA30) of
$196.94 and 50-day moving average (MA50) of
$195.97, suggesting a short-term bearish trend.
Directional Bias: The stock is approaching its 60-day low of
$187.4, providing a potential bounce opportunity. The ATR of 4.3 indicates a moderate volatility, allowing for reasonable price swings.
Trade Plan:
- Suggested Entry:
$193.27
- Stop Loss:
$188.00 (around 2% risk)
- Take Profit Targets:
1.
$198.00 (2.5% gain)
2.
$202.00 (4.5% gain)
3.
$226.00 (17% gain)
This plan targets a significant upside while maintaining a manageable risk. Monitor closely for price action around the entry.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
