📊 TRADE SETUP:
🔷 ENTRY: $21.90
🔴 STOP LOSS: $19.67
🟢 TAKE PROFIT: $26.42
⚖️ RISK/REWARD: 1:2.03
💰 RISK PER TRADE: 1-2%
📈 TECHNICAL ANALYSIS:
✅ BULLISH CONFLUENCE:
Daily Trend: Strong Uptrend
RSI: 60.10 (Healthy Bullish)
MACD: Positive & Expanding
Price Action: Above all key SMAs
Connors RSI2: BUY Signal (Oct 7)
🎯 KEY LEVELS:
Support: $20.80 (Recent Swing Low)
Resistance: $26.40 (Previous High)
Volume: Confirming upward move
💡 TRADE RATIONALE:
FUNDAMENTAL CATALYSTS:
Industrial sector strength
Consistent revenue growth (+12% TTM)
Strong EBITDA margins (24.1%)
Market leadership in compressors
TECHNICAL MOMENTUM:
Recent breakout above consolidation
Connors RSI2 confirms short-term momentum
Low volatility setup favorable for swing trade
⚡ TRADE MANAGEMENT:
POSITION SIZING:
Risk: 1-2% of portfolio per trade
Position Size: Calculate based on $0.23 risk per share
Hold Time: 4-10 days
EXIT STRATEGY:
Scale out 50% at $24.20 (first target)
Trail stop on remaining position
Close full position if Connors signal reverses
📱 ALERTS SETUP:
Alert set at $21.90 for entry confirmation
Monitor for volume confirmation on breakout
Watch RSI for overbought conditions above 70
🎲 PROBABILITY ASSESSMENT:
Technical Score: 8/10
Fundamental Score: 7/10
Momentum Score: 9/10
Overall Confidence: HIGH
⚠️ RISK DISCLAIMER:
This is not financial advice. Trade at your own risk. Only risk capital you can afford to lose. DYOR (Do Your Own Research) before entering any trade. Past performance is not indicative of future results. Monitor position daily and adjust stops as needed.
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🔷 ENTRY: $21.90
🔴 STOP LOSS: $19.67
🟢 TAKE PROFIT: $26.42
⚖️ RISK/REWARD: 1:2.03
💰 RISK PER TRADE: 1-2%
📈 TECHNICAL ANALYSIS:
✅ BULLISH CONFLUENCE:
Daily Trend: Strong Uptrend
RSI: 60.10 (Healthy Bullish)
MACD: Positive & Expanding
Price Action: Above all key SMAs
Connors RSI2: BUY Signal (Oct 7)
🎯 KEY LEVELS:
Support: $20.80 (Recent Swing Low)
Resistance: $26.40 (Previous High)
Volume: Confirming upward move
💡 TRADE RATIONALE:
FUNDAMENTAL CATALYSTS:
Industrial sector strength
Consistent revenue growth (+12% TTM)
Strong EBITDA margins (24.1%)
Market leadership in compressors
TECHNICAL MOMENTUM:
Recent breakout above consolidation
Connors RSI2 confirms short-term momentum
Low volatility setup favorable for swing trade
⚡ TRADE MANAGEMENT:
POSITION SIZING:
Risk: 1-2% of portfolio per trade
Position Size: Calculate based on $0.23 risk per share
Hold Time: 4-10 days
EXIT STRATEGY:
Scale out 50% at $24.20 (first target)
Trail stop on remaining position
Close full position if Connors signal reverses
📱 ALERTS SETUP:
Alert set at $21.90 for entry confirmation
Monitor for volume confirmation on breakout
Watch RSI for overbought conditions above 70
🎲 PROBABILITY ASSESSMENT:
Technical Score: 8/10
Fundamental Score: 7/10
Momentum Score: 9/10
Overall Confidence: HIGH
⚠️ RISK DISCLAIMER:
This is not financial advice. Trade at your own risk. Only risk capital you can afford to lose. DYOR (Do Your Own Research) before entering any trade. Past performance is not indicative of future results. Monitor position daily and adjust stops as needed.
🔔 Follow for more swing trade setups!
👍 Like if you find this analysis helpful!
💬 Comment your thoughts below!
#INGM #SwingTrading #TechnicalAnalysis #Stocks #TradingSetup #Investing #ConnorsRSI #RiskManagement
Trade active
📝 ERRATUM:Previously mentioned "Ingersoll Rand" incorrectly as the company. The correct company is Ingram Micro Holding Corporation, a global leader in technology distribution. Thank you to the community for the correction.
📈 TRADINGVIEW POST: INGM SWING TRADE SETUP
🎯 INGM - INGRAM MICRO HOLDING CORPORATION | TECHNICAL SWING TRADE
📊 TRADE SETUP:
🔷 ENTRY: $21.90
🔴 STOP LOSS: $19.67
🟢 TAKE PROFIT: $26.42
⚖️ RISK/REWARD: 1:2.03
💰 RISK PER TRADE: 1-2%
📈 TECHNICAL ANALYSIS:
✅ BULLISH CONFLUENCE:
Daily Trend: Strong Uptrend
RSI: 60.10 (Healthy Bullish)
MACD: Positive & Expanding
Price Action: Above all key SMAs
Connors RSI2: BUY Signal (Oct 7)
🎯 KEY LEVELS:
Support: $20.80 (Recent Swing Low)
Resistance: $26.40 (Previous High)
Volume: Confirming upward move
💡 TRADE RATIONALE:
FUNDAMENTAL CATALYSTS:
Company: Ingram Micro - Global IT Distribution Leader
Sector: Technology Distribution
Market Position: Dominant player in IT logistics
Business Model: B2B technology distribution
TECHNICAL MOMENTUM:
Recent breakout above consolidation
Connors RSI2 confirms short-term momentum
Low volatility setup favorable for swing trade
⚡ TRADE MANAGEMENT:
POSITION SIZING:
Risk: 1-2% of portfolio per trade
Position Size: Calculate based on $2.23 risk per share
Hold Time: 4-10 days
EXIT STRATEGY:
Scale out 50% at $24.20 (first target)
Trail stop on remaining position
Close full position if Connors signal reverses
⚠️ RISK DISCLAIMER:
This is not financial advice. Trade at your own risk. Only risk capital you can afford to lose. DYOR (Do Your Own Research) before entering any trade. Past performance is not indicative of future results. Monitor position daily and adjust stops as needed.
🔔 Follow for more swing trade setups!
👍 Like if you find this analysis helpful!
💬 Comment your thoughts below!
#INGM #IngramMicro #SwingTrading #TechnicalAnalysis #Stocks #TradingSetup #Investing #ConnorsRSI #RiskManagement #TechnologyStocks
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.