📍 Ticker: 
HELE (Helen of Troy Ltd.)
📆 Timeframe: 1W (Weekly)
📉 Price: $28.10
📈 Pattern: Falling wedge + long-term horizontal support
🔍 Technical Setup:
HELE is rebounding from a major horizontal support zone that's been in place since 1998, and just broke above a multi-year falling wedge. This marks the start of what could be a powerful bullish reversal.
🔻 Breakdown structure from 2022 now being tested from below
🟡 Long-term horizontal support: ~$26.00–27.00
📈 Breakout potential with plenty of headroom into prior supply zones
🧠 Trade Plan & Return on Invested Capital (ROIC):
📥 Entry Zone: $27.50–$28.50
⛔ Stop-Loss: Weekly close below $25.00 (structure invalidation)
🎯 Target 1: $47.99
→ 🔼 ROIC: +70.8%
🎯 Target 2: $60.06
→ 🔼 ROIC: +113.8%
⚠️ Key Observations:
Large-volume bottoming zone, breakout confirmed above falling trendline
Price targets align with key prior support → resistance flip zones
Multi-year trend reversal possible if price sustains above $31–32
Strong candidate for mid/long-term swing trades or LEAP call positioning
💬 Will Helen of Troy return to its former strength with a clean wedge breakout?
Add HELE to your watchlist for 2025–2026 recovery potential.
#HELE #FallingWedge #BreakoutTrade #LongTermSetup #ReversalPattern #TargetTraders
HELE (Helen of Troy Ltd.)📆 Timeframe: 1W (Weekly)
📉 Price: $28.10
📈 Pattern: Falling wedge + long-term horizontal support
🔍 Technical Setup:
HELE is rebounding from a major horizontal support zone that's been in place since 1998, and just broke above a multi-year falling wedge. This marks the start of what could be a powerful bullish reversal.🔻 Breakdown structure from 2022 now being tested from below
🟡 Long-term horizontal support: ~$26.00–27.00
📈 Breakout potential with plenty of headroom into prior supply zones
🧠 Trade Plan & Return on Invested Capital (ROIC):
📥 Entry Zone: $27.50–$28.50
⛔ Stop-Loss: Weekly close below $25.00 (structure invalidation)
🎯 Target 1: $47.99
→ 🔼 ROIC: +70.8%
🎯 Target 2: $60.06
→ 🔼 ROIC: +113.8%
⚠️ Key Observations:
Large-volume bottoming zone, breakout confirmed above falling trendline
Price targets align with key prior support → resistance flip zones
Multi-year trend reversal possible if price sustains above $31–32
Strong candidate for mid/long-term swing trades or LEAP call positioning
💬 Will Helen of Troy return to its former strength with a clean wedge breakout?
Add HELE to your watchlist for 2025–2026 recovery potential.
#HELE #FallingWedge #BreakoutTrade #LongTermSetup #ReversalPattern #TargetTraders
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.
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.