📈 🟢
Ticker: Compass Minerals Intl Inc (NYSE: CMP)
Chart: 30-Min Timeframe
Pattern: Ascending trendline breakout
🔹 Entry: $13.27 (breakout above wedge + support reclaim)
🔹 Stop-Loss: $12.75 (below trendline and last support zone)
🔹 Take Profits:
TP1: $13.78 – Local resistance zone
TP2: $14.36 – Measured breakout target
⚖️ Risk-Reward Calculation:
– Risk/Share: $0.52
– Reward to TP2: $1.09
– R:R Ratio: ~1:2.1 ✅
🧠 Technical Highlights:
– Clean uptrend with higher lows
– Breakout from wedge + volume confirmation
– Strong reclaim above $13.20 resistance
Ticker: Compass Minerals Intl Inc (NYSE: CMP)
Chart: 30-Min Timeframe
Pattern: Ascending trendline breakout
🔹 Entry: $13.27 (breakout above wedge + support reclaim)
🔹 Stop-Loss: $12.75 (below trendline and last support zone)
🔹 Take Profits:
TP1: $13.78 – Local resistance zone
TP2: $14.36 – Measured breakout target
⚖️ Risk-Reward Calculation:
– Risk/Share: $0.52
– Reward to TP2: $1.09
– R:R Ratio: ~1:2.1 ✅
🧠 Technical Highlights:
– Clean uptrend with higher lows
– Breakout from wedge + volume confirmation
– Strong reclaim above $13.20 resistance
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.
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.