💡 Swing setup idea
Bullish bounce
🔎 Analysis summary:
The stock completed a rounding bottom (bowl) pattern, pushed higher, and has now pulled back to successfully test support at the 50 SMA.
Above-average buyers volume is stepping in, showing strong interest and momentum holding at this level.
🔔 Friendly reminder: The S&P 500 is currently trending down, so please keep the broader market weakness in mind before entering any new trades.
👀 Levels to watch:
Entry trigger: Break above $288.62
Target: $333.92
Stop: Under the breakout level
💬 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.
Bullish bounce
🔎 Analysis summary:
The stock completed a rounding bottom (bowl) pattern, pushed higher, and has now pulled back to successfully test support at the 50 SMA.
Above-average buyers volume is stepping in, showing strong interest and momentum holding at this level.
🔔 Friendly reminder: The S&P 500 is currently trending down, so please keep the broader market weakness in mind before entering any new trades.
👀 Levels to watch:
Entry trigger: Break above $288.62
Target: $333.92
Stop: Under the breakout level
💬 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.
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🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.