Dec. 6 at 1:40 AM
Actionable Trade Alert for
$ZTS:
Market Context:
$ZTS is currently trading at
$120.41, with an RSI of 48.54, indicating a neutral momentum. The stock is below its 30-day moving average (MA30) of 128.1 and 50-day moving average (MA50) of 134.53, suggesting potential bearish pressure. However, the price is above the 60-day low of 115.25, indicating some support.
Directional Bias: The neutral RSI and proximity to the 60-day low suggest a potential rebound. If the stock breaks above the MA30, it could signal a bullish reversal.
Trade Plan:
- Suggested Entry:
$121.00
- Stop Loss:
$116.50 (3.7% below entry)
- Take Profit Targets:
1.
$126.00 (4.1% ROI)
2.
$132.00 (9.1% ROI)
3.
$141.00 (16.5% ROI)
With a clear strategy, monitor the price action closely. If it breaks above the MA30, adjust the stop loss to lock in profits.
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https://privateprofiteers.com
