### ๐ป **๐๐ฅ**
๐ **Stock:** PTLO (NASDAQ)
โณ **Timeframe:** 30-Min Chart
๐ **Setup Type:** Bearish Breakdown
### ๐ **Trade Plan:**
โ **Entry Zone:** **$13.80 - $13.86** (Breakdown from Ascending Trendline)
๐ **Take Profit 1 (TP1):** **$13.20** (Key Support)
๐ **Take Profit 2 (TP2):** **$12.49+** (Extended Target if selling pressure continues)
๐ป **Stop-Loss (SL):** **$14.62** (Above resistance for risk control)
๐ **Risk-Reward Ratio:** Favorable for a bearish continuation ๐๐
---
### ๐น **Technical Analysis & Setup:**
โ **Pattern:** **Bearish Breakdown from Rising Wedge ๐ โ ๐**
โ **Resistance Zone:** Strong seller presence around **$13.80 - $13.86 (Yellow Zone)**
โ **Breakdown Confirmation Needed:** Price should drop below $13.80 with strong volume
โ **Momentum Shift Expected:** Breakdown signals **potential downtrend continuation**
---
### ๐ฅ **Trade Strategy & Refinements:**
๐ **Volume Confirmation:** Look for **increased selling volume** below $13.80 ๐
๐ **Trailing Stop Strategy:** Once price reaches **TP1 ($13.20), adjust SL lower** to secure profits
๐ฐ **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($12.49+)**
โ ๏ธ **Watch for Fake Breakdowns:** If price **rises above $13.86**, reconsider the setup
---
### ๐ **Final Thoughts:**
โ **Bearish Breakdown Expected โ High probability of continuation lower** ๐
โ **Strong Resistance at $13.80 โ Ideal short entry for risk-reward optimization** ๐ฐ
โ **Momentum Shift Possible โ A drop below $13.20 could drive PTLO to $12.49+** ๐
๐ **Trade Smart & Stick to Your Plan!** ๐๐ฅ
Would you like any refinements or additional insights? ๐๐
---
### ๐ **Hashtags for Engagement:**
#ShortTrade #StockTrading #PTLO #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #ResistanceAndSupport #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess
๐ **Stock:** PTLO (NASDAQ)
โณ **Timeframe:** 30-Min Chart
๐ **Setup Type:** Bearish Breakdown
### ๐ **Trade Plan:**
โ **Entry Zone:** **$13.80 - $13.86** (Breakdown from Ascending Trendline)
๐ **Take Profit 1 (TP1):** **$13.20** (Key Support)
๐ **Take Profit 2 (TP2):** **$12.49+** (Extended Target if selling pressure continues)
๐ป **Stop-Loss (SL):** **$14.62** (Above resistance for risk control)
๐ **Risk-Reward Ratio:** Favorable for a bearish continuation ๐๐
---
### ๐น **Technical Analysis & Setup:**
โ **Pattern:** **Bearish Breakdown from Rising Wedge ๐ โ ๐**
โ **Resistance Zone:** Strong seller presence around **$13.80 - $13.86 (Yellow Zone)**
โ **Breakdown Confirmation Needed:** Price should drop below $13.80 with strong volume
โ **Momentum Shift Expected:** Breakdown signals **potential downtrend continuation**
---
### ๐ฅ **Trade Strategy & Refinements:**
๐ **Volume Confirmation:** Look for **increased selling volume** below $13.80 ๐
๐ **Trailing Stop Strategy:** Once price reaches **TP1 ($13.20), adjust SL lower** to secure profits
๐ฐ **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($12.49+)**
โ ๏ธ **Watch for Fake Breakdowns:** If price **rises above $13.86**, reconsider the setup
---
### ๐ **Final Thoughts:**
โ **Bearish Breakdown Expected โ High probability of continuation lower** ๐
โ **Strong Resistance at $13.80 โ Ideal short entry for risk-reward optimization** ๐ฐ
โ **Momentum Shift Possible โ A drop below $13.20 could drive PTLO to $12.49+** ๐
๐ **Trade Smart & Stick to Your Plan!** ๐๐ฅ
Would you like any refinements or additional insights? ๐๐
---
### ๐ **Hashtags for Engagement:**
#ShortTrade #StockTrading #PTLO #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #ResistanceAndSupport #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess
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.