CRDF (NASDAQ) - 30-Min Chart Long Trade Setup !

64
๐Ÿš€
๐Ÿ” Stock: CRDF (NASDAQ)
โณ Timeframe: 30-Min Chart
๐Ÿ“ˆ Setup Type: Bullish Breakout

๐Ÿ“ Trade Plan:
โœ… Entry Zone: Above $4.40 - $4.45 (Breakout Confirmation)
๐ŸŸข Take Profit 1 (TP1): $4.58 (First Resistance Target)
๐ŸŸข Take Profit 2 (TP2): $4.82 (Extended Bullish Target)
๐Ÿš€ Stop-Loss (SL): Below $4.21 (Key Support)

๐Ÿ“Š Risk-Reward Ratio: Favorable for a bullish continuation ๐Ÿš€

๐Ÿ”น Technical Analysis & Setup:
โœ… Pattern: Falling Wedge Breakout ๐Ÿ“ˆ
โœ… Breakout Confirmation Needed: Sustained price above $4.40 with volume increase
โœ… Support & Resistance Levels:

$4.37 - $4.40 (Breakout Zone)
$4.58 (First Major Resistance)
$4.82 (Extended Target for strong momentum)
โœ… Momentum Shift Expected: A breakout above $4.40 could trigger an upside rally ๐Ÿš€
๐Ÿ”ฅ Trade Strategy & Refinements:
๐Ÿ“Š Volume Confirmation: Look for increasing buying volume above $4.40 ๐Ÿ“ˆ
๐Ÿ“ˆ Trailing Stop Strategy: Once price reaches TP1 ($4.58), adjust SL higher to secure profits ๐Ÿ›‘
๐Ÿ’ฐ Partial Profit Booking: Take partial profits at $4.58 and let the rest ride toward $4.82+ ๐Ÿ’ต
โš ๏ธ Fake Breakout Risk: If the price fails to hold above $4.40, reconsider entry โŒ

๐Ÿš€ Final Thoughts:
โœ… Bullish Breakout Potential โ€“ High probability of continuation higher ๐Ÿ“ˆ
โœ… Momentum Shift Possible โ€“ A move above $4.58 could accelerate upside ๐Ÿš€
โœ… Strong Risk-Reward Setup โ€“ SL at $4.21, TP at $4.58 - $4.82 for optimal gains
๐Ÿ“Š Trade Smart & Stick to the Plan! ๐Ÿ†๐Ÿ”ฅ

๐Ÿ”— #LongTrade #StockTrading #CRDF #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath ๐Ÿš€๐Ÿ“ˆ

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.