📉 🔴
Ticker: FULC (Fulcrum Therapeutics, Inc.)
Chart: 30-Minute Timeframe
🔻 Entry: $5.73 (break below pennant and rejection from resistance)
🔻 Stop-Loss: $6.17 (above breakout failure and trendline)
🔻 Take Profits:
• TP1: $5.13 – Previous support zone
• TP2: $4.52 – Measured move target of the pennant
⚖️ Risk-Reward:
• Risk/Share: $0.44
• Reward to TP2: $1.21
• R:R Ratio: ~1:2.7 ✅
🧠 Technical Highlights:
– Sharp uptrend followed by consolidation in a pennant
– Rejection near resistance level
– Breakdown below trendline signals short opportunity
– High volume surge with 88% move prior to setup
Ticker: FULC (Fulcrum Therapeutics, Inc.)
Chart: 30-Minute Timeframe
🔻 Entry: $5.73 (break below pennant and rejection from resistance)
🔻 Stop-Loss: $6.17 (above breakout failure and trendline)
🔻 Take Profits:
• TP1: $5.13 – Previous support zone
• TP2: $4.52 – Measured move target of the pennant
⚖️ Risk-Reward:
• Risk/Share: $0.44
• Reward to TP2: $1.21
• R:R Ratio: ~1:2.7 ✅
🧠 Technical Highlights:
– Sharp uptrend followed by consolidation in a pennant
– Rejection near resistance level
– Breakdown below trendline signals short opportunity
– High volume surge with 88% move prior to setup
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.