🚀 📈🔥
🔍 Stock: SLS (NASDAQ)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry: $1.33 (Breakout Confirmation)
❌ Stop-Loss (SL): $1.23 (Below key support for risk management)
🎯 Target 1: $1.45 (First Resistance Level)
🚀 Target 2: $1.57 (Major Resistance Level – Moon Shot! 🌙)
🔹 Risk-Reward Ratio: Favorable setup 📊
🔹 Momentum: Strong breakout from consolidation 📈
🔹 Pattern: Symmetrical Triangle Breakout
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Ensure strong buying volume to validate breakout.
📉 Trailing Stop Strategy: If price reaches $1.45, consider moving SL to breakeven ($1.33) or higher.
💰 Partial Profit Booking: Take some profits at Target 1 and let the rest ride towards Target 2.
⚠️ Watch for Retest: If price retests $1.33 and holds, it's a strong confirmation for continued upward movement.
🚀 Final Thoughts:
✅ Bullish Chart Setup – Strong breakout with potential continuation.
✅ Volume & Confirmation Key – Keep an eye on momentum and support levels.
✅ Smart Risk Management – Maintain SL discipline for downside protection.
Plan Your Trade & Trade Your Plan! 🏆💰
Let me know if you need any adjustments! 🚀📈
#BreakoutTrading #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishBreakout #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
🔍 Stock: SLS (NASDAQ)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry: $1.33 (Breakout Confirmation)
❌ Stop-Loss (SL): $1.23 (Below key support for risk management)
🎯 Target 1: $1.45 (First Resistance Level)
🚀 Target 2: $1.57 (Major Resistance Level – Moon Shot! 🌙)
🔹 Risk-Reward Ratio: Favorable setup 📊
🔹 Momentum: Strong breakout from consolidation 📈
🔹 Pattern: Symmetrical Triangle Breakout
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Ensure strong buying volume to validate breakout.
📉 Trailing Stop Strategy: If price reaches $1.45, consider moving SL to breakeven ($1.33) or higher.
💰 Partial Profit Booking: Take some profits at Target 1 and let the rest ride towards Target 2.
⚠️ Watch for Retest: If price retests $1.33 and holds, it's a strong confirmation for continued upward movement.
🚀 Final Thoughts:
✅ Bullish Chart Setup – Strong breakout with potential continuation.
✅ Volume & Confirmation Key – Keep an eye on momentum and support levels.
✅ Smart Risk Management – Maintain SL discipline for downside protection.
Plan Your Trade & Trade Your Plan! 🏆💰
Let me know if you need any adjustments! 🚀📈
#BreakoutTrading #StockMarket #TradingStrategy #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishBreakout #TradeSetup #StocksToWatch #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess #MoneyMoves
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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.