Dec. 17 at 3:06 AM
Actionable Trade Alert for
$WMS:
Market Context:
$WMS is currently trading at
$147.43, showing a neutral to slightly bullish sentiment. The RSI at 40.2 indicates that the stock is not overbought, suggesting potential for upward movement. The price is above the 30-day MA of
$147.32, indicating short-term bullishness, while the 50-day MA at
$144.45 supports a longer-term bullish outlook.
Directional Bias: Given the proximity to the 60D high of
$155.39 and the recent low of
$132.93, there is a favorable risk-reward setup. The ATR of
$3.95 indicates moderate volatility, allowing for reasonable price movement.
Trade Plan:
- Suggested Entry:
$147.50
- Stop Loss:
$143.50 (3% below entry)
- Take Profit Targets:
1.
$152.00 (3% gain)
2.
$155.00 (5% gain)
3.
$172.00 (17% gain)
This plan capitalizes on the upward potential while managing risk effectively.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com
