### 🚀 ** 📈🔥**
🔍 **Stock:** SLS (NASDAQ)
⏳ **Timeframe:** 30-Min Chart
📈 **Setup Type:** Bullish Breakout
### 📍 **Trade Plan:**
✅ **Entry Zone:** **$1.55 - $1.62** (Breakout from Ascending Triangle)
🚀 **Take Profit 1 (TP1):** **$1.82** (Key Resistance)
🚀 **Take Profit 2 (TP2):** **$2.11+** (Extended Target if momentum continues)
🔻 **Stop-Loss (SL):** **$1.36** (Below support for risk control)
📊 **Risk-Reward Ratio:** Favorable for a bullish continuation 📉📈
---
### 🔹 **Technical Analysis & Setup:**
✅ **Pattern:** **Ascending Triangle Breakout** 📈
✅ **Support Zone:** Strong buyer interest around **$1.55 - $1.62 (Yellow Zone)**
✅ **Breakout Confirmation Needed:** Price should hold above $1.62 with strong volume
✅ **Momentum Shift Expected:** Breakout above resistance signals **potential trend continuation**
---
### 🔥 **Trade Strategy & Refinements:**
📊 **Volume Confirmation:** Look for **increased buying volume** above $1.62 📈
📉 **Trailing Stop Strategy:** Once price reaches **TP1 ($1.82), adjust SL higher** to lock in profits
💰 **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($2.11+)**
⚠️ **Watch for Fake Breakouts:** If price **falls below $1.55**, reconsider the setup
---
### 🚀 **Final Thoughts:**
✅ **Bullish Continuation Expected – High probability of breakout** 📈
✅ **Strong Support at $1.55 - $1.62 – Ideal entry for risk-reward optimization** 💰
✅ **Momentum Shift Possible – A push above $1.82 could drive SLS to $2.11+** 🚀
📊 **Trade Smart & Stick to Your Plan!** 🏆🔥
Would you like any refinements or additional insights? 🚀📈
---
### 🔗 **Hashtags for Engagement:**
#LongTrade #StockTrading #SLS #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishBreakout #TradeSetup #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess
🔍 **Stock:** SLS (NASDAQ)
⏳ **Timeframe:** 30-Min Chart
📈 **Setup Type:** Bullish Breakout
### 📍 **Trade Plan:**
✅ **Entry Zone:** **$1.55 - $1.62** (Breakout from Ascending Triangle)
🚀 **Take Profit 1 (TP1):** **$1.82** (Key Resistance)
🚀 **Take Profit 2 (TP2):** **$2.11+** (Extended Target if momentum continues)
🔻 **Stop-Loss (SL):** **$1.36** (Below support for risk control)
📊 **Risk-Reward Ratio:** Favorable for a bullish continuation 📉📈
---
### 🔹 **Technical Analysis & Setup:**
✅ **Pattern:** **Ascending Triangle Breakout** 📈
✅ **Support Zone:** Strong buyer interest around **$1.55 - $1.62 (Yellow Zone)**
✅ **Breakout Confirmation Needed:** Price should hold above $1.62 with strong volume
✅ **Momentum Shift Expected:** Breakout above resistance signals **potential trend continuation**
---
### 🔥 **Trade Strategy & Refinements:**
📊 **Volume Confirmation:** Look for **increased buying volume** above $1.62 📈
📉 **Trailing Stop Strategy:** Once price reaches **TP1 ($1.82), adjust SL higher** to lock in profits
💰 **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($2.11+)**
⚠️ **Watch for Fake Breakouts:** If price **falls below $1.55**, reconsider the setup
---
### 🚀 **Final Thoughts:**
✅ **Bullish Continuation Expected – High probability of breakout** 📈
✅ **Strong Support at $1.55 - $1.62 – Ideal entry for risk-reward optimization** 💰
✅ **Momentum Shift Possible – A push above $1.82 could drive SLS to $2.11+** 🚀
📊 **Trade Smart & Stick to Your Plan!** 🏆🔥
Would you like any refinements or additional insights? 🚀📈
---
### 🔗 **Hashtags for Engagement:**
#LongTrade #StockTrading #SLS #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishBreakout #TradeSetup #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess
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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.