💡 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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
📈 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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.