๐ฅ ๐
๐ Stock: TDOC (NYSE)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bullish Breakout
๐ Trade Plan:
โ Entry Zone: Above $12.95 - $14.21 (Breakout Confirmation)
๐ข Take Profit 1 (TP1): $14.21 (First Resistance Target)
๐ข Take Profit 2 (TP2): $15.40 (Extended Bullish Target)
๐ Stop-Loss (SL): Below $11.99 (Key Support)
๐ Risk-Reward Ratio: Favorable for a bullish continuation ๐
๐น Technical Analysis & Setup:
โ Pattern: Ascending Triangle Breakout ๐
โ Breakout Confirmation Needed: Sustained price above $12.95 with volume increase
โ Support & Resistance Levels:
๐ธ $12.95 (Breakout Zone)
๐ธ $14.21 (First Major Resistance)
๐ธ $15.40 (Extended Target for strong momentum)
โ Momentum Shift Expected: A breakout above $12.95 could trigger an upside rally ๐
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Look for increasing buying volume above $12.95 ๐
๐ Trailing Stop Strategy: Once price reaches TP1 ($14.21), adjust SL higher to secure profits ๐
๐ฐ Partial Profit Booking: Take partial profits at $14.21 and let the rest ride toward $15.40+ ๐ต
โ ๏ธ Fake Breakout Risk: If the price fails to hold above $12.95, reconsider entry โ
๐ Final Thoughts:
โ Bullish Breakout Potential โ High probability of continuation higher ๐
โ Momentum Shift Possible โ A move above $14.21 could accelerate upside ๐
โ Strong Risk-Reward Setup โ SL at $11.99, TP at $14.21 - $15.40+ for optimal gains
๐ Trade Smart & Stick to the Plan! ๐๐ฅ
๐ #StockMarket #TDOC #Teladoc #TradingSetup #TechnicalAnalysis #BreakoutTrade #DayTrading #MarketTrends #BullishSetup #ProfittoPath ๐๐
๐ Stock: TDOC (NYSE)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bullish Breakout
๐ Trade Plan:
โ Entry Zone: Above $12.95 - $14.21 (Breakout Confirmation)
๐ข Take Profit 1 (TP1): $14.21 (First Resistance Target)
๐ข Take Profit 2 (TP2): $15.40 (Extended Bullish Target)
๐ Stop-Loss (SL): Below $11.99 (Key Support)
๐ Risk-Reward Ratio: Favorable for a bullish continuation ๐
๐น Technical Analysis & Setup:
โ Pattern: Ascending Triangle Breakout ๐
โ Breakout Confirmation Needed: Sustained price above $12.95 with volume increase
โ Support & Resistance Levels:
๐ธ $12.95 (Breakout Zone)
๐ธ $14.21 (First Major Resistance)
๐ธ $15.40 (Extended Target for strong momentum)
โ Momentum Shift Expected: A breakout above $12.95 could trigger an upside rally ๐
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Look for increasing buying volume above $12.95 ๐
๐ Trailing Stop Strategy: Once price reaches TP1 ($14.21), adjust SL higher to secure profits ๐
๐ฐ Partial Profit Booking: Take partial profits at $14.21 and let the rest ride toward $15.40+ ๐ต
โ ๏ธ Fake Breakout Risk: If the price fails to hold above $12.95, reconsider entry โ
๐ Final Thoughts:
โ Bullish Breakout Potential โ High probability of continuation higher ๐
โ Momentum Shift Possible โ A move above $14.21 could accelerate upside ๐
โ Strong Risk-Reward Setup โ SL at $11.99, TP at $14.21 - $15.40+ for optimal gains
๐ Trade Smart & Stick to the Plan! ๐๐ฅ
๐ #StockMarket #TDOC #Teladoc #TradingSetup #TechnicalAnalysis #BreakoutTrade #DayTrading #MarketTrends #BullishSetup #ProfittoPath ๐๐
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.