๐ FORM Bull Pennant Breakout โ 15% Potential Incoming?! ๐๐ฅ
Hey Traders! If you're all about high-conviction plays and real alpha, smash that ๐ and tap Follow for more setups that actually deliver! ๐น๐ฏ
FORM is consolidating within a bullish pennant on the 1H chart after a strong 15% impulse move โ classic continuation setup.
Price is hugging the triangle resistance and sitting above the 100 EMA, showing strength and reducing downside pressure.
๐ Entry: CMP and add more up to $2.83
๐ฏ Targets: $3.21 / $3.28 / $3.35
๐ Stop-Loss: Below $2.78
๐ Risk-Reward: Excellent
๐ฅ Bias: Bullish
๐ Leverage: Use low leverage (max 5x) for safer exposure
Keep your eyes on volume confirmation. A decisive move above the triangle could lead to another explosive leg up.
Agree with the setup? Drop your thoughts below! ๐
Hey Traders! If you're all about high-conviction plays and real alpha, smash that ๐ and tap Follow for more setups that actually deliver! ๐น๐ฏ
FORM is consolidating within a bullish pennant on the 1H chart after a strong 15% impulse move โ classic continuation setup.
Price is hugging the triangle resistance and sitting above the 100 EMA, showing strength and reducing downside pressure.
๐ Entry: CMP and add more up to $2.83
๐ฏ Targets: $3.21 / $3.28 / $3.35
๐ Stop-Loss: Below $2.78
๐ Risk-Reward: Excellent
๐ฅ Bias: Bullish
๐ Leverage: Use low leverage (max 5x) for safer exposure
Keep your eyes on volume confirmation. A decisive move above the triangle could lead to another explosive leg up.
Agree with the setup? Drop your thoughts below! ๐
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.