Dec. 10 at 3:29 AM
Actionable Trade Alert for
$WYNN:
Market Context:
$WYNN is currently trading at
$124.22, showing resilience as it hovers near its 30-day moving average (MA30) of
$124.25. The RSI at 56 indicates bullish momentum, suggesting potential for upward movement.
Directional Bias: The price is positioned above the MA50 of
$123.53, indicating a short-term bullish trend. With the 60-day high at
$134.72, there is room for growth, while the low at
$111.97 provides a solid support level.
Trade Plan:
- Suggested Entry:
$124.50 (slightly above the current close to confirm upward momentum)
- Stop Loss:
$121.50 (below MA50 for risk management)
- Take Profit Targets:
1. Target 1:
$128.00 (3% ROI)
2. Target 2:
$132.00 (6% ROI)
3. Target 3:
$145.00 (17% ROI)
This plan allows for a favorable risk-reward ratio while capitalizing on the bullish indicators present in the market.
For more insights, visit https://privateprofiteers.com.
https://privateprofiteers.com