Why I’m Watching the Long Side:
✅ Clean Bounce from $190 Zone
That \$190–195 level has held multiple times since April. Last two dips got scooped with solid demand = solid base forming.
✅ Break of Recent Lower Highs
Stock finally pushed through prior resistance around $205–208. Structure shift. Possible start of a trend reversal.
✅ Buy Signal Triggered (Green "4")
Chart printed a buy signal near lows with follow-through = momentum may be shifting.
✅ Holding Above Short-Term Moving Level
Price is now holding above the short-term EMA (teal line), showing trend momentum flipping bullish.
✅ Vol Picking Up
Volume on the green days has increased, signaling interest from bigger players.
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Trade Plan:
• Entry Zone: \$208–211
• TP1: $220 (near previous supply)
• TP2: $230 (gap fill zone)
• TP3: $250
• SL: Just below $204 = exit
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⚠️ Caution:
Still under red resistance band ($220). Needs real strength to reclaim it.
Watch how price reacts there – could stall or squeeze.
📅 Next earnings 3 weeks out. Could build up into it.
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💬 Setup looks constructive. Playing the reversal with tight risk. Not chasing, just reacting. Trade your plan.
✅ Clean Bounce from $190 Zone
That \$190–195 level has held multiple times since April. Last two dips got scooped with solid demand = solid base forming.
✅ Break of Recent Lower Highs
Stock finally pushed through prior resistance around $205–208. Structure shift. Possible start of a trend reversal.
✅ Buy Signal Triggered (Green "4")
Chart printed a buy signal near lows with follow-through = momentum may be shifting.
✅ Holding Above Short-Term Moving Level
Price is now holding above the short-term EMA (teal line), showing trend momentum flipping bullish.
✅ Vol Picking Up
Volume on the green days has increased, signaling interest from bigger players.
---
Trade Plan:
• Entry Zone: \$208–211
• TP1: $220 (near previous supply)
• TP2: $230 (gap fill zone)
• TP3: $250
• SL: Just below $204 = exit
---
⚠️ Caution:
Still under red resistance band ($220). Needs real strength to reclaim it.
Watch how price reacts there – could stall or squeeze.
📅 Next earnings 3 weeks out. Could build up into it.
---
💬 Setup looks constructive. Playing the reversal with tight risk. Not chasing, just reacting. Trade your plan.
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.