If ~$8.30 price level holds, go long

The price level around $8.30 seems to be a new support on the 1H daily and 30m daily charts . I'm looking at a bounce of this area and rally up to the most recent high of $9.57.

I'm looking to enter this swing trade at $8.40 with a target price of $9.50 (14.5% profit). The stop loss is set at $7.50. Total shares will be 100 and a risk:reward ratio of 1.5. Total at risk is $81 with a target profit of $120.
Comment: Looks like a bearish candlestick has formed. Looking for a pullback to support around $7 now.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out