Dec. 19 at 5:36 PM
$WSFS Actionable Trade Alert:
Market Context:
$WSFS is currently trading at
$57.94, showing bullish momentum with an RSI of 61.77, indicating that the stock is not yet overbought. The stock is above its 30-day MA of
$55.52 and 50-day MA of
$54.43, suggesting a strong upward trend.
Directional Bias: The recent price action is near the 60-day high of
$58.86, which presents a potential breakout opportunity. The RSI indicates strength, while the price remains comfortably above the moving averages, supporting a bullish outlook.
Trade Plan:
- Suggested Entry:
$58.00 (slightly above current close to confirm strength)
- Stop Loss:
$55.50 (to manage risk)
- Take Profit Targets:
1.
$60.00 (3.45% gain)
2.
$62.00 (7.21% gain)
3.
$67.00 (15.60% gain)
The third target of
$67.00 offers a potential ROI of over 17% from the entry point. Monitor the stock closely for breakout confirmation.
https://privateprofiteers.com
