📊
🔹 Asset: Theravance Biopharma, Inc. (TBPH)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout from Descending Trendline
🚀 Trade Plan (Long Position):
✅ Entry Zone: $9.36 (Breakout Confirmation)
✅ Stop-Loss (SL): $9.15 (Below Support)
🎯 Take Profit Targets (Long Trade):
📌 TP1: $9.65 (First Resistance)
📌 TP2: $9.99 (Extended Bullish Target)
📊 Risk-Reward Ratio Calculation:
📈 Risk (Stop-Loss Distance):
$9.36 - $9.15 = $0.21
📈 Reward to TP1:
$9.65 - $9.36 = $0.29
💰 Risk-Reward Ratio to TP1: 1:1.4
📈 Reward to TP2:
$9.99 - $9.36 = $0.63
💰 Risk-Reward Ratio to TP2: 1:3.0
🔍 Technical Analysis & Strategy:
📌 Breakout Confirmation: Strong buying momentum above $9.36 signals continuation.
📌 Pattern Formation: Breakout from a descending trendline, suggesting bullish movement.
📊 Key Support & Resistance Levels:
🟢 $9.15 (Strong Support / SL Level)
🟡 $9.36 (Breakout Zone / Entry)
🔴 $9.65 (First Profit Target / Resistance)
🟢 $9.99 (Final Target for Momentum Extension)
🚀 Momentum Shift Expected:
If price sustains above $9.36, it could push towards $9.65 and $9.99.
Higher volume breakout would confirm strength in the trend.
🔥 Trade Execution & Risk Management:
📊 Volume Confirmation: Ensure buying volume remains strong after breakout.
📈 Trailing Stop Strategy: If price reaches TP1 ($9.65), move SL to entry ($9.36) to lock in profits.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $9.65, let the rest run to $9.99.
✔ Adjust Stop-Loss to Break-even ($9.36) after TP1 is hit.
⚠️ Fake Breakout Risk:
If price drops below $9.36 after breakout, be cautious and watch for a retest before re-entering.
🚀 Final Thoughts:
✔ Bullish Setup – If price holds above $9.36, higher targets are expected.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.4 to TP1, 1:3.0 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀🏆
🔗 #StockTrading #TBPH #BreakoutTrade #TechnicalAnalysis #MarketTrends #DayTrading #ProfittoPath
🔹 Asset: Theravance Biopharma, Inc. (TBPH)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout from Descending Trendline
🚀 Trade Plan (Long Position):
✅ Entry Zone: $9.36 (Breakout Confirmation)
✅ Stop-Loss (SL): $9.15 (Below Support)
🎯 Take Profit Targets (Long Trade):
📌 TP1: $9.65 (First Resistance)
📌 TP2: $9.99 (Extended Bullish Target)
📊 Risk-Reward Ratio Calculation:
📈 Risk (Stop-Loss Distance):
$9.36 - $9.15 = $0.21
📈 Reward to TP1:
$9.65 - $9.36 = $0.29
💰 Risk-Reward Ratio to TP1: 1:1.4
📈 Reward to TP2:
$9.99 - $9.36 = $0.63
💰 Risk-Reward Ratio to TP2: 1:3.0
🔍 Technical Analysis & Strategy:
📌 Breakout Confirmation: Strong buying momentum above $9.36 signals continuation.
📌 Pattern Formation: Breakout from a descending trendline, suggesting bullish movement.
📊 Key Support & Resistance Levels:
🟢 $9.15 (Strong Support / SL Level)
🟡 $9.36 (Breakout Zone / Entry)
🔴 $9.65 (First Profit Target / Resistance)
🟢 $9.99 (Final Target for Momentum Extension)
🚀 Momentum Shift Expected:
If price sustains above $9.36, it could push towards $9.65 and $9.99.
Higher volume breakout would confirm strength in the trend.
🔥 Trade Execution & Risk Management:
📊 Volume Confirmation: Ensure buying volume remains strong after breakout.
📈 Trailing Stop Strategy: If price reaches TP1 ($9.65), move SL to entry ($9.36) to lock in profits.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $9.65, let the rest run to $9.99.
✔ Adjust Stop-Loss to Break-even ($9.36) after TP1 is hit.
⚠️ Fake Breakout Risk:
If price drops below $9.36 after breakout, be cautious and watch for a retest before re-entering.
🚀 Final Thoughts:
✔ Bullish Setup – If price holds above $9.36, higher targets are expected.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.4 to TP1, 1:3.0 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀🏆
🔗 #StockTrading #TBPH #BreakoutTrade #TechnicalAnalysis #MarketTrends #DayTrading #ProfittoPath
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.