💡 Swing setup idea
Bullish breakout
🔎 Analysis summary:
The stock closed a double/rounding bottom pattern and successfully broke above the 50 SMA.
Buyers are stepping in with rising, above-average volume, showing strong momentum behind the move.
🔔 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 $70.32
Target: $79.34
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 breakout
🔎 Analysis summary:
The stock closed a double/rounding bottom pattern and successfully broke above the 50 SMA.
Buyers are stepping in with rising, above-average volume, showing strong momentum behind the move.
🔔 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 $70.32
Target: $79.34
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.