Duolingo, Inc.
Long
Updated

DUOL Long – High-Volume Hammer Bounce from 150 SMA with Bullish

116
Entry: June 30, 2025
📉 Price: 411.53
✋ Stop: 397.44
🎯 Target: 470.00
⚖️ Risk-Reward: 1:4
✅ Status: Active
🧠 Trade Idea:
DUOL tested the 150-day simple moving average (SMA) as a strong support level, aligning with:
A green hammer daily candle with high volume, signaling a potential reversal.
The Commodity Channel Index (CCI) is deeply oversold (around -130), suggesting a possible momentum shift.
Clear technical setup aiming for a rebound toward the 20-day SMA near 470.
📌 The trade seeks to capitalize on a high-probability reversal from key support, with favorable volume and oscillator confirmation.
Trade closed: stop reached

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