๐ ๐๐ฅ
๐ Stock: FPH (NYSE)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bullish Breakout
๐ Trade Plan:
โ Entry: $6.41 (Breakout Confirmation)
โ Stop-Loss (SL): $6.08 (Below key support for risk management)
๐ฏ Target 1: $6.81 (First Resistance Level)
๐ Target 2: $7.22 (Major Resistance Level โ Moon Shot! ๐)
๐น Risk-Reward Ratio: Strongly favorable ๐
๐น Momentum: Uptrend continuation with breakout confirmation ๐
๐น Pattern: Rising wedge breakout
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Ensure strong buying volume supports the breakout.
๐ Trailing Stop Strategy: If price reaches $6.81, consider moving SL to breakeven ($6.41) or higher.
๐ฐ Partial Profit Booking: Take some profits at Target 1 and let the rest ride towards Target 2.
โ ๏ธ Watch for Retest: If price retests $6.41 and holds, it confirms continued momentum.
๐ Final Thoughts:
โ Bullish Chart Setup โ Ideal breakout conditions.
โ Strong Volume & Trend โ Key factors for continuation.
โ Disciplined Risk Management โ Maintain SL for protection.
Plan Your Trade & Trade Your Plan! ๐๐ฐ
Let me know if you need any modifications! ๐๐
#BreakoutTrading #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishBreakout #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
๐ Stock: FPH (NYSE)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bullish Breakout
๐ Trade Plan:
โ Entry: $6.41 (Breakout Confirmation)
โ Stop-Loss (SL): $6.08 (Below key support for risk management)
๐ฏ Target 1: $6.81 (First Resistance Level)
๐ Target 2: $7.22 (Major Resistance Level โ Moon Shot! ๐)
๐น Risk-Reward Ratio: Strongly favorable ๐
๐น Momentum: Uptrend continuation with breakout confirmation ๐
๐น Pattern: Rising wedge breakout
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Ensure strong buying volume supports the breakout.
๐ Trailing Stop Strategy: If price reaches $6.81, consider moving SL to breakeven ($6.41) or higher.
๐ฐ Partial Profit Booking: Take some profits at Target 1 and let the rest ride towards Target 2.
โ ๏ธ Watch for Retest: If price retests $6.41 and holds, it confirms continued momentum.
๐ Final Thoughts:
โ Bullish Chart Setup โ Ideal breakout conditions.
โ Strong Volume & Trend โ Key factors for continuation.
โ Disciplined Risk Management โ Maintain SL for protection.
Plan Your Trade & Trade Your Plan! ๐๐ฐ
Let me know if you need any modifications! ๐๐
#BreakoutTrading #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishBreakout #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
Penafian
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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.