💡 Swing setup idea
Resistance retest / cup and handle breakout
🔎 Analysis summary:
The price touched the 50 SMA and came back to resistance. We can also see a cup and handle pattern closing, which puts this setup in an interesting spot.
👀 Levels to watch:
Entry trigger: Break above $54.00
Target: $72.70
Stop: Under the breakout level
💬 Will the price break through this area? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
Resistance retest / cup and handle breakout
🔎 Analysis summary:
The price touched the 50 SMA and came back to resistance. We can also see a cup and handle pattern closing, which puts this setup in an interesting spot.
👀 Levels to watch:
Entry trigger: Break above $54.00
Target: $72.70
Stop: Under the breakout level
💬 Will the price break through this area? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
📈 Follow for more swing setups & market analysis!
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
📈 Follow for more swing setups & market analysis!
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.