💡 Swing setup idea
50 SMA reclaim
🔎 Analysis summary:
The price moved above the 50 SMA, came back to test it, and then continued higher into resistance while closing a double bottom pattern. That gives the chart a constructive look if price can confirm above the trigger.
👀 Levels to watch:
Entry trigger: Break above $108.40
Target: $133.20
Stop: Under the breakout level
💬 What do you think about this setup? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
50 SMA reclaim
🔎 Analysis summary:
The price moved above the 50 SMA, came back to test it, and then continued higher into resistance while closing a double bottom pattern. That gives the chart a constructive look if price can confirm above the trigger.
👀 Levels to watch:
Entry trigger: Break above $108.40
Target: $133.20
Stop: Under the breakout level
💬 What do you think about this setup? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
📈 Follow for more swing setups & market analysis!
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
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.
📈 Follow for more swing setups & market analysis!
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
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.
