Trading idea number S-012 | Monster stock could raise to $62/63 area.
The setup is positive. The RSI is above the neutrality area at 50. MACD is positive and above its signal line. In addition, the stock is above its 20-day and 50-day moving averages.
Prices are moving in a bullish flag, technical pattern targeting $62.50
📈 Long Entry at 58.15
💰 Take Profit at 62.50
💸 Stop Loss at 55.90
The setup is positive. The RSI is above the neutrality area at 50. MACD is positive and above its signal line. In addition, the stock is above its 20-day and 50-day moving averages.
Prices are moving in a bullish flag, technical pattern targeting $62.50
📈 Long Entry at 58.15
💰 Take Profit at 62.50
💸 Stop Loss at 55.90
Trade closed: stop reached:
-3.87%