NioCorp Developments Ltd.
Panjang

NB Long Trade Setup (30-Min Chart) !

### πŸš€ **πŸ“ˆπŸ”₯**
πŸ” **Stock:** NB (NASDAQ)
⏳ **Timeframe:** 30-Min Chart
πŸ“ˆ **Setup Type:** Bullish Breakout

### πŸ“ **Trade Plan:**
βœ… **Entry Zone:** **$2.30 - $2.37** (Breakout from Ascending Triangle)
πŸš€ **Take Profit 1 (TP1):** **$2.68** (Key Resistance)
πŸš€ **Take Profit 2 (TP2):** **$3.05+** (Extended Target if momentum continues)
πŸ”» **Stop-Loss (SL):** **$2.06** (Below trendline support for risk control)
πŸ“Š **Risk-Reward Ratio:** Favorable for a bullish continuation πŸ“‰πŸ“ˆ

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### πŸ”Ή **Technical Analysis & Setup:**
βœ… **Pattern:** **Ascending Triangle Breakout** πŸ“ˆ
βœ… **Support Zone:** Strong buyer interest around **$2.30 - $2.37 (Yellow Zone)**
βœ… **Breakout Confirmation Needed:** Price should hold above $2.37 with strong volume
βœ… **Momentum Shift Expected:** Breakout above resistance signals **potential trend continuation**

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### πŸ”₯ **Trade Strategy & Refinements:**
πŸ“Š **Volume Confirmation:** Look for **increased buying volume** above $2.37 πŸ“ˆ
πŸ“‰ **Trailing Stop Strategy:** Once price reaches **TP1 ($2.68), adjust SL higher** to lock in profits
πŸ’° **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($3.05+)**
⚠️ **Watch for Fake Breakouts:** If price **falls below $2.30**, reconsider the setup

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### πŸš€ **Final Thoughts:**
βœ… **Bullish Continuation Expected – High probability of breakout** πŸ“ˆ
βœ… **Strong Support at $2.30 - $2.37 – Ideal entry for risk-reward optimization** πŸ’°
βœ… **Momentum Shift Possible – A push above $2.68 could drive NB to $3.05+** πŸš€
πŸ“Š **Trade Smart & Stick to Your Plan!** πŸ†πŸ”₯

Would you like any refinements or additional insights? πŸš€πŸ“ˆ

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