🚀 📈🔥
🔍 Stock: FPH (NYSE)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry: $6.41 (Breakout Confirmation)
❌ Stop-Loss (SL): $6.08 (Below key support for risk management)
🎯 Target 1: $6.81 (First Resistance Level)
🚀 Target 2: $7.22 (Major Resistance Level – Moon Shot! 🌙)
🔹 Risk-Reward Ratio: Strongly favorable 📊
🔹 Momentum: Uptrend continuation with breakout confirmation 📈
🔹 Pattern: Rising wedge breakout
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Ensure strong buying volume supports the breakout.
📉 Trailing Stop Strategy: If price reaches $6.81, consider moving SL to breakeven ($6.41) or higher.
💰 Partial Profit Booking: Take some profits at Target 1 and let the rest ride towards Target 2.
⚠️ Watch for Retest: If price retests $6.41 and holds, it confirms continued momentum.
🚀 Final Thoughts:
✅ Bullish Chart Setup – Ideal breakout conditions.
✅ Strong Volume & Trend – Key factors for continuation.
✅ Disciplined Risk Management – Maintain SL for protection.
Plan Your Trade & Trade Your Plan! 🏆💰
Let me know if you need any modifications! 🚀📈
#BreakoutTrading #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishBreakout #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
🔍 Stock: FPH (NYSE)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry: $6.41 (Breakout Confirmation)
❌ Stop-Loss (SL): $6.08 (Below key support for risk management)
🎯 Target 1: $6.81 (First Resistance Level)
🚀 Target 2: $7.22 (Major Resistance Level – Moon Shot! 🌙)
🔹 Risk-Reward Ratio: Strongly favorable 📊
🔹 Momentum: Uptrend continuation with breakout confirmation 📈
🔹 Pattern: Rising wedge breakout
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Ensure strong buying volume supports the breakout.
📉 Trailing Stop Strategy: If price reaches $6.81, consider moving SL to breakeven ($6.41) or higher.
💰 Partial Profit Booking: Take some profits at Target 1 and let the rest ride towards Target 2.
⚠️ Watch for Retest: If price retests $6.41 and holds, it confirms continued momentum.
🚀 Final Thoughts:
✅ Bullish Chart Setup – Ideal breakout conditions.
✅ Strong Volume & Trend – Key factors for continuation.
✅ Disciplined Risk Management – Maintain SL for protection.
Plan Your Trade & Trade Your Plan! 🏆💰
Let me know if you need any modifications! 🚀📈
#BreakoutTrading #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishBreakout #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
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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.