💡 Swing setup idea
Resistance retest / double bottom breakout
🔎 Analysis summary:
The price broke above the 50 SMA and has now reached resistance again. We can also see a beautiful double bottom pattern closing, with buyers volume starting to rise as well.
👀 Levels to watch:
Entry trigger: Break above $177.70
Target: $235.70
Stop: Under the breakout level
💬 Will the price break through this area this time? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
Resistance retest / double bottom breakout
🔎 Analysis summary:
The price broke above the 50 SMA and has now reached resistance again. We can also see a beautiful double bottom pattern closing, with buyers volume starting to rise as well.
👀 Levels to watch:
Entry trigger: Break above $177.70
Target: $235.70
Stop: Under the breakout level
💬 Will the price break through this area this time? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
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🎯 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.