Dec. 15 at 5:36 AM
Actionable Trade Alert for
$WFC:
Market Context:
$WFC closed at
$92.76, showing strong momentum with an RSI of 85.35, indicating overbought conditions. The stock is currently above both the 30-day (86.77) and 50-day (85.43) moving averages, suggesting bullish sentiment. The recent 60-day high is
$93.42, which presents a potential resistance level.
Directional Bias: Given the high RSI, there may be short-term volatility, but the bullish trend supported by moving averages suggests upward potential.
Trade Plan:
- Suggested Entry:
$92.76 (current close)
- Stop Loss:
$90.00 (2.99% below entry)
- Take Profit Targets:
1.
$94.00 (1.34% gain)
2.
$95.50 (2.95% gain)
3.
$108.00 (16.41% gain)
The third target offers a potential ROI of over 17%, aligning with our goal. Monitor for any changes in momentum or market conditions.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
