💡 Swing setup idea
50 SMA breakout / Cup and handle formation
🔎 Analysis summary:
The stock crossed above the 50 SMA and is currently forming a bullish cup and handle pattern.
👀 Levels to watch:
Entry trigger: Break above $47.06
Target: $58.16
Stop: Under the breakout level
Friendly reminder: Always keep an eye on the broader market conditions and overall trend, as they can heavily influence individual stock setups!
💬 What do you think of this setup? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
50 SMA breakout / Cup and handle formation
🔎 Analysis summary:
The stock crossed above the 50 SMA and is currently forming a bullish cup and handle pattern.
👀 Levels to watch:
Entry trigger: Break above $47.06
Target: $58.16
Stop: Under the breakout level
Friendly reminder: Always keep an eye on the broader market conditions and overall trend, as they can heavily influence individual stock setups!
💬 What do you think of this setup? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
📈 Follow for more swing setups & market analysis!
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Follow for more swing setups & market analysis!
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.