UPBD - Rounded Bottom + Shakeout Candle Setting Up for Breakout

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Why I Like This Chart:

  1. Rounded bottom forming — solid base structure
  2. Shakeout candle cleared weak hands
  3. Followed by strong green volume — buyers stepping in
  4. MACD ready to turn bullish


Plan:

  • Entry: Breakout and retest above $25.60 (1.618 fib from pullback on the hourly)
  • Stop: Just below the prior high of day (invalidates the breakout)
  • Target: Previous high / just under $26.78


Classic breakout setup — waiting for confirmation and clean price action.

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