After several months of consolidation followed by a sharp summer sell-off, GUTS is finally showing strong signs of recovery.
Last weekโs candle closed decisively above the $1.60 โ $1.70 supply zone, triggering a potential trend-reversal structure.
๐ Swing Trade Plan
๐ Entry: $1.85 โ $1.90
๐ Stop-loss: $1.58 (below the last bullish weekly candle)
๐ฏ Take-profit: $2.35 โ $2.40
๐ Risk/Reward: ~1:2 โ๏ธ
๐ Technical Rationale
โ๏ธ Strong breakout above resistance
โ๏ธ Clear higher highs & higher lows structure forming
โ๏ธ Positive reaction after earnings โ bad news likely priced in
โ๏ธ Rising volume confirming momentum and demand
โ ๏ธ Invalidation Level
๐ A weekly close below $1.70 kills the bullish momentum and cancels the setup.
๐ข Scenario Management
๐บ Plan will be updated in case of a breakout above $2.00
๐ป Or loss of $1.70, which would signal structural weakness
๐ฌ This is just my personal market outlook โ not financial advice.
If you enjoy this kind of analysis, drop a ๐ and follow for more weekly setups!
#Stocks #NASDAQ #SwingTrade #TechnicalAnalysis #PriceAction #Investing #StockMarket #ChartAnalysis #BreakoutTrading #MomentumTrading #ReversalPattern #VolumeAnalysis #MarketSetups #TradeIdeas
Last weekโs candle closed decisively above the $1.60 โ $1.70 supply zone, triggering a potential trend-reversal structure.
๐ Swing Trade Plan
๐ Entry: $1.85 โ $1.90
๐ Stop-loss: $1.58 (below the last bullish weekly candle)
๐ฏ Take-profit: $2.35 โ $2.40
๐ Risk/Reward: ~1:2 โ๏ธ
๐ Technical Rationale
โ๏ธ Strong breakout above resistance
โ๏ธ Clear higher highs & higher lows structure forming
โ๏ธ Positive reaction after earnings โ bad news likely priced in
โ๏ธ Rising volume confirming momentum and demand
โ ๏ธ Invalidation Level
๐ A weekly close below $1.70 kills the bullish momentum and cancels the setup.
๐ข Scenario Management
๐บ Plan will be updated in case of a breakout above $2.00
๐ป Or loss of $1.70, which would signal structural weakness
๐ฌ This is just my personal market outlook โ not financial advice.
If you enjoy this kind of analysis, drop a ๐ and follow for more weekly setups!
#Stocks #NASDAQ #SwingTrade #TechnicalAnalysis #PriceAction #Investing #StockMarket #ChartAnalysis #BreakoutTrading #MomentumTrading #ReversalPattern #VolumeAnalysis #MarketSetups #TradeIdeas
Dagangan aktif
Another one with a 11% profit....go!!!Nota
20% profit, taking some $$ out here, moving SL to BEโ ๏ธ Financial Disclaimer:
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
โ ๏ธ Financial Disclaimer:
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
