📉
🔹 Ticker: MTH (NYSE)
🔹 Setup: Bearish Wedge Rejection + Resistance Flip
🔸 Rejection Zone: ~$69.00 (yellow zone + wedge trendline)
📊 Trade Plan (Short Bias)
✅ Entry Range: $68.85–$69.10
✅ Stop Loss (SL): Above $72.03 (white resistance level)
✅ Profit Targets:
• TP1: $65.21 (green minor support)
• TP2: $62.05 (prior support base)
• TP3: $59.66 (orange key demand level)
📐 Risk-Reward Notes
• Price rejected wedge top with bearish confirmation
• Support flipped into resistance at yellow zone
• Volume fading on retest = potential breakdown setup
• Room for downside toward major supports
🔍 Technical Highlights
• Clean rejection at wedge resistance
• Failed breakout = bearish pressure
• Lower highs forming structure breakdown bias
⚙️ Trade Management
• Trail SL after TP1 hit
• Scale out partials at major supports
• Watch for increased bearish volume on move below $68
⚠️ Setup Invalidation
❌ Breakout and close above $72.03
❌ Strong bullish candle with volume
❌ Price consolidates above wedge and horizontal zone
🔹 Ticker: MTH (NYSE)
🔹 Setup: Bearish Wedge Rejection + Resistance Flip
🔸 Rejection Zone: ~$69.00 (yellow zone + wedge trendline)
📊 Trade Plan (Short Bias)
✅ Entry Range: $68.85–$69.10
✅ Stop Loss (SL): Above $72.03 (white resistance level)
✅ Profit Targets:
• TP1: $65.21 (green minor support)
• TP2: $62.05 (prior support base)
• TP3: $59.66 (orange key demand level)
📐 Risk-Reward Notes
• Price rejected wedge top with bearish confirmation
• Support flipped into resistance at yellow zone
• Volume fading on retest = potential breakdown setup
• Room for downside toward major supports
🔍 Technical Highlights
• Clean rejection at wedge resistance
• Failed breakout = bearish pressure
• Lower highs forming structure breakdown bias
⚙️ Trade Management
• Trail SL after TP1 hit
• Scale out partials at major supports
• Watch for increased bearish volume on move below $68
⚠️ Setup Invalidation
❌ Breakout and close above $72.03
❌ Strong bullish candle with volume
❌ Price consolidates above wedge and horizontal zone
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.