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

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

๐Ÿ“ Trade Plan:
โœ… Entry Zone: Above $4.70 - $4.75 (Breakout Confirmation)
๐Ÿš€ Take Profit 1 (TP1): $4.83 (First Resistance)
๐Ÿš€ Take Profit 2 (TP2): $5.01 (Extended Bullish Target)
๐Ÿ”ป Stop-Loss (SL): Below $4.53 (Key Support)
๐Ÿ“Š Risk-Reward Ratio: Favorable for a bullish continuation ๐Ÿ“ˆ

๐Ÿ”น Technical Analysis & Setup:
โœ… Pattern: Symmetrical Triangle Breakout ๐Ÿ“ˆ
โœ… Breakout Confirmation Needed: Price holding above $4.70 with volume support
โœ… Resistance Zones:

$4.83: First Major Resistance
$5.01: Extended Target for strong momentum
โœ… Momentum Shift Expected: A breakout could trigger a strong uptrend ๐Ÿš€
๐Ÿ”ฅ Trade Strategy & Refinements:
๐Ÿ“Š Volume Confirmation: Look for increasing buying volume above $4.70 ๐Ÿ“‰
๐Ÿ“‰ Trailing Stop Strategy: Once price reaches TP1 ($4.83), adjust SL higher to secure profits ๐Ÿ›‘
๐Ÿ’ฐ Partial Profit Booking: Take partial profits at $4.83 and let the rest ride toward $5.01+ ๐Ÿ’ต
โš ๏ธ Fake Breakout Risk: If price drops back below $4.70, 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 $4.83 could accelerate the upside ๐Ÿš€
โœ… Strong Risk-Reward Setup โ€“ SL at $4.53, TP at $4.83 - $5.01 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

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