💡 Swing setup idea
50 SMA breakout / Cup and handle formation
🔎 Analysis summary:
The stock crossed above the 50 SMA and is currently forming a cup and handle pattern. We are also seeing rising, above-average buyers volume supporting the move.
👀 Levels to watch:
Entry trigger: Break above $189.21
Target: $217.42
Stop: Under the breakout level
Friendly reminder: Always keep an eye on the broader market conditions and overall trend, as they can heavily influence individual stock setups!
💬 What do you think of this setup? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
50 SMA breakout / Cup and handle formation
🔎 Analysis summary:
The stock crossed above the 50 SMA and is currently forming a cup and handle pattern. We are also seeing rising, above-average buyers volume supporting the move.
👀 Levels to watch:
Entry trigger: Break above $189.21
Target: $217.42
Stop: Under the breakout level
Friendly reminder: Always keep an eye on the broader market conditions and overall trend, as they can heavily influence individual stock setups!
💬 What do you think of this setup? 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.