Why I Like This Chart:
Plan:
Classic breakout setup — waiting for confirmation and clean price action.
- Rounded bottom forming — solid base structure
- Shakeout candle cleared weak hands
- Followed by strong green volume — buyers stepping in
- 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.
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.
