📈 Direction: Long (Swing to Position Trade)
🎯 Entry Zone: $190.00 - $191.07 (Ideal entry near $191.07)
⛔ Stop Loss: $181.57 (-5% risk)
🎯 Take Profit: $211.00 (+10.4% upside)
📊 Risk/Reward Ratio: 1:2+
🔍 Why TXRH?
📊 Technical Analysis
✅ Trend: Strong weekly uptrend (higher highs & higher lows)
✅ Moving Averages: Price above SMA 50 ($182.50) & SMA 200 ($175.00) → Bullish structure
✅ MACD Weekly: Positive momentum, no signs of reversal
✅ RSI (Daily): 58 (neutral, room to run before overbought)
✅ Key Levels:
Support: $187.50 (recent swing low)
Breakout Level: $190.00 (confirmation of continuation)
Target: $211.00 (next major resistance)
📉 Fundamental Backing
✔ Revenue Growth: Strong sales & earnings growth (fundamentals support bullish bias)
✔ Debt-Free: Zero debt (financial flexibility)
✔ Valuation: P/E 28.97 (slightly high but justified by growth)
🎯 Trade Execution Plan
🔹 Entry: Wait for confirmation above $190.00 (break & retest ideal)
🔹 Stop Loss: Tighten to $185.00 if price moves favorably
🔹 Take Profit:
TP1: $200.00 (partial profit)
TP2: $211.00 (full exit)
⚠️ Risk Considerations
Market-wide pullback could trigger stop loss
High P/E makes it sensitive to sector rotations
Monitor earnings dates for volatility
📌 Final Thought: TXRH is a high-quality stock with strong fundamentals and technicals. A break above $190 opens path to $211 with solid R/R.
👍 Like & Follow if you found this useful! Drop your thoughts below. 👇
#TradingView #PositionTrading #Stocks #TXRH #TechnicalAnalysis #Investing
🎯 Entry Zone: $190.00 - $191.07 (Ideal entry near $191.07)
⛔ Stop Loss: $181.57 (-5% risk)
🎯 Take Profit: $211.00 (+10.4% upside)
📊 Risk/Reward Ratio: 1:2+
🔍 Why TXRH?
📊 Technical Analysis
✅ Trend: Strong weekly uptrend (higher highs & higher lows)
✅ Moving Averages: Price above SMA 50 ($182.50) & SMA 200 ($175.00) → Bullish structure
✅ MACD Weekly: Positive momentum, no signs of reversal
✅ RSI (Daily): 58 (neutral, room to run before overbought)
✅ Key Levels:
Support: $187.50 (recent swing low)
Breakout Level: $190.00 (confirmation of continuation)
Target: $211.00 (next major resistance)
📉 Fundamental Backing
✔ Revenue Growth: Strong sales & earnings growth (fundamentals support bullish bias)
✔ Debt-Free: Zero debt (financial flexibility)
✔ Valuation: P/E 28.97 (slightly high but justified by growth)
🎯 Trade Execution Plan
🔹 Entry: Wait for confirmation above $190.00 (break & retest ideal)
🔹 Stop Loss: Tighten to $185.00 if price moves favorably
🔹 Take Profit:
TP1: $200.00 (partial profit)
TP2: $211.00 (full exit)
⚠️ Risk Considerations
Market-wide pullback could trigger stop loss
High P/E makes it sensitive to sector rotations
Monitor earnings dates for volatility
📌 Final Thought: TXRH is a high-quality stock with strong fundamentals and technicals. A break above $190 opens path to $211 with solid R/R.
👍 Like & Follow if you found this useful! Drop your thoughts below. 👇
#TradingView #PositionTrading #Stocks #TXRH #TechnicalAnalysis #Investing
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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.