Description:
Dutch Bros Inc. (BROS) is trading around 53.14, close to a strong support zone at 50.8. Price has been consolidating after a strong downtrend, and it is currently near the lower Bollinger Band, suggesting oversold conditions.
Trade Plan:
• Entry Zone: 52.5 – 53.5
• Stop Loss: 50.8 (below recent support)
• Target 1: 57.5
• Target 2: 62.3
• Target 3: 64.2
Rationale:
• Support zone holding at 50.8.
• Oversold signals near the Bollinger Band lower boundary.
• Potential for rebound if volume increases.
• MACD still bearish, but any bullish crossover could confirm a reversal.
This setup favors a medium-term rebound as long as price holds above support.
Dutch Bros Inc. (BROS) is trading around 53.14, close to a strong support zone at 50.8. Price has been consolidating after a strong downtrend, and it is currently near the lower Bollinger Band, suggesting oversold conditions.
Trade Plan:
• Entry Zone: 52.5 – 53.5
• Stop Loss: 50.8 (below recent support)
• Target 1: 57.5
• Target 2: 62.3
• Target 3: 64.2
Rationale:
• Support zone holding at 50.8.
• Oversold signals near the Bollinger Band lower boundary.
• Potential for rebound if volume increases.
• MACD still bearish, but any bullish crossover could confirm a reversal.
This setup favors a medium-term rebound as long as price holds above support.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.