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Lemonade Inc. (LMND) has just broken above a key descending trendline on the 30-minute chart — signaling potential bullish momentum ahead. After days of consolidation, buyers stepped in right at the lower support zone, confirming a strong base.
📌 Trade Details:
🔹 Entry: $42.99 (above resistance)
🔹 Stop Loss: $42.06 (below recent support)
🔹 Target: $44.38 (previous supply zone)
🔹 Risk/Reward: Solid R:R setup with breakout confirmation ✅
This setup aligns with a clean technical breakout — I’ll be watching for volume surge and price to hold above $43.
💡 Always manage risk and follow your trading plan!
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📊 Shared by: ProfittoPath
#LMND #BreakoutTrade #StockSetup #TechnicalAnalysis #TradingView #ProfittoPath #SwingTrade #BullishSetup #StockMarket
Lemonade Inc. (LMND) has just broken above a key descending trendline on the 30-minute chart — signaling potential bullish momentum ahead. After days of consolidation, buyers stepped in right at the lower support zone, confirming a strong base.
📌 Trade Details:
🔹 Entry: $42.99 (above resistance)
🔹 Stop Loss: $42.06 (below recent support)
🔹 Target: $44.38 (previous supply zone)
🔹 Risk/Reward: Solid R:R setup with breakout confirmation ✅
This setup aligns with a clean technical breakout — I’ll be watching for volume surge and price to hold above $43.
💡 Always manage risk and follow your trading plan!
—
📊 Shared by: ProfittoPath
#LMND #BreakoutTrade #StockSetup #TechnicalAnalysis #TradingView #ProfittoPath #SwingTrade #BullishSetup #StockMarket
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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.