Textron Inc.
Panjang

TXT Potential Reversal Trade Setup - 30 Min Chart

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This chart for TXT (Textron Inc.) on a 30-minute timeframe showcases a potential reversal trade setup following a strong downward trend.

Entry Point:
The yellow-highlighted zone at 77.59 is marked as the entry level, signaling a buying opportunity after a significant decline.

Stop Loss:
Positioned just below at 76.52 (white line) to manage risk and protect against further downside.

Target Profit:
The green zone at 80.41 serves as the price target, aligning with prior resistance and offering a favorable risk-to-reward ratio.

Resistance & Support:

Red Line at 78.88: Short-term resistance.
Yellow Line at 77.59: Support, key zone for entry.

Penafian

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