📈 Ticker: INBX (Nasdaq)
💰 Entry: $19.80 (breakout zone)
🛑 Stop Loss: $14.22 (below key support)
🎯 Take Profit: $39.59 (measured move + Fib extension)
🔢 Risk/Reward Ratio: 2.8:1
🔍 Technical Setup
✅ Trend: Strong daily uptrend (higher highs & higher lows).
✅ Breakout Level: $19.80 (previous resistance, now support).
✅ RSI (14): Neutral (~60), no overbought signal.
✅ Volume: Increasing on upward moves (bullish confirmation).
✅ MACD: Bullish crossover in daily timeframe.
🎯 Why This Trade?
1️⃣ Breakout Confirmation: Price has cleared resistance at $19.80, signaling potential continuation.
2️⃣ Strong Upside Target: $39.59 aligns with:
1.618 Fibonacci extension from recent swing.
Measured move from consolidation range.
3️⃣ Low-Risk Entry: Tight stop below $14.22 (swing low + psychological level).
⚠️ Risk Management
Stop Loss: $14.22 (28% below entry).
Position Size: Risk only 1-2% of capital per trade.
Trailing Stop: Consider moving SL to breakeven if price reaches $25.00.
📅 Timeframe & Strategy
⏳ Holding Period: 3-6 months (position trading).
📊 Ideal Scenario:
INBX holds above $19.80 and continues uptrend.
Volume supports bullish momentum.
❌ Invalidation Criteria
If price closes below $14.22, exit trade (failed breakout).
Watch for bearish RSI divergence or breakdown below $19.80.
📌 Final Thoughts
INBX shows strong technicals for a long-term breakout play. The 2.8:1 reward/risk ratio makes this an attractive swing trade.
🔥 Like & Follow if you found this useful! Would you take this trade? Comment below! 👇
#INBX #Breakout #Stocks #Trading #Investing #TechnicalAnalysis #PositionTrading
(Disclaimer: Not financial advice. Do your own research before trading.)
💰 Entry: $19.80 (breakout zone)
🛑 Stop Loss: $14.22 (below key support)
🎯 Take Profit: $39.59 (measured move + Fib extension)
🔢 Risk/Reward Ratio: 2.8:1
🔍 Technical Setup
✅ Trend: Strong daily uptrend (higher highs & higher lows).
✅ Breakout Level: $19.80 (previous resistance, now support).
✅ RSI (14): Neutral (~60), no overbought signal.
✅ Volume: Increasing on upward moves (bullish confirmation).
✅ MACD: Bullish crossover in daily timeframe.
🎯 Why This Trade?
1️⃣ Breakout Confirmation: Price has cleared resistance at $19.80, signaling potential continuation.
2️⃣ Strong Upside Target: $39.59 aligns with:
1.618 Fibonacci extension from recent swing.
Measured move from consolidation range.
3️⃣ Low-Risk Entry: Tight stop below $14.22 (swing low + psychological level).
⚠️ Risk Management
Stop Loss: $14.22 (28% below entry).
Position Size: Risk only 1-2% of capital per trade.
Trailing Stop: Consider moving SL to breakeven if price reaches $25.00.
📅 Timeframe & Strategy
⏳ Holding Period: 3-6 months (position trading).
📊 Ideal Scenario:
INBX holds above $19.80 and continues uptrend.
Volume supports bullish momentum.
❌ Invalidation Criteria
If price closes below $14.22, exit trade (failed breakout).
Watch for bearish RSI divergence or breakdown below $19.80.
📌 Final Thoughts
INBX shows strong technicals for a long-term breakout play. The 2.8:1 reward/risk ratio makes this an attractive swing trade.
🔥 Like & Follow if you found this useful! Would you take this trade? Comment below! 👇
#INBX #Breakout #Stocks #Trading #Investing #TechnicalAnalysis #PositionTrading
(Disclaimer: Not financial advice. Do your own research before trading.)
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.