USAR (NASDAQ)– Weekly Chart | Speculative Bounce Attempt
USAR is attempting to hold the most recent support area after a sharp correction from the October highs. The current weekly candle is showing early signs of stabilization, which opens the door for a speculative rebound setup.
I’m watching the following structure:
🔹 Entry Zone: Current price levels
🔹 Target: ~$49
🔹 Stop-Loss: Breakdown below ~$11 support
This gives a strong reward-to-risk ratio if the buyers manage to defend this weekly zone and trigger a continuation leg.
📌 Key Observations
Price retesting prior weekly support after a clean impulse–correction pattern
Sellers losing momentum as candles compress
A break and close above recent weekly highs could confirm reversal strength
⚠️ High Risk
This idea is high risk. USAR has shown high volatility, and the trend remains vulnerable until support proves itself.
Anyone considering this setup should size properly and be prepared for full stop-loss probability.
I’m watching the following structure:
🔹 Entry Zone: Current price levels
🔹 Target: ~$49
🔹 Stop-Loss: Breakdown below ~$11 support
This gives a strong reward-to-risk ratio if the buyers manage to defend this weekly zone and trigger a continuation leg.
📌 Key Observations
Price retesting prior weekly support after a clean impulse–correction pattern
Sellers losing momentum as candles compress
A break and close above recent weekly highs could confirm reversal strength
⚠️ High Risk
This idea is high risk. USAR has shown high volatility, and the trend remains vulnerable until support proves itself.
Anyone considering this setup should size properly and be prepared for full stop-loss probability.
Dagangan aktif
On a cool 26% profit, let´s go!!!!!!
⚠️ Financial Disclaimer:
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
⚠️ Financial Disclaimer:
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.