Stair Step Structure with LPS Reload in PlayINA continues to show strength with a classic stair step formation. Price has already printed a clear Sign of Strength (SOS), followed by a clean pullback on declining volume. The overlapping candles into the Equilibrium (EQ) of the Fair Value Gap (FVG) suggest absorption, not weakness. Price then formed another higher low in the zone, printing a fresh Last Point (LPS) of Support.
Trade Scenario
Entry: Price has pulled back into a key zone after hitting the original minimal range target. This could be another LPS setup with continuation potential.
Stop Loss: Since there is no weekly swing low, use the $5.06 swing low as the stop. We do not want price to re-enter the FVG region—it has been tested multiple times, and another visit could signal structural failure. If price breaks and closes above $5.70, consider moving the stop to the newly formed swing low for better protection and dynamic risk management.
Targets:
Initial target near the all-time high
Beyond that, trail the stop to capture extended upside
