STIM Long Trade Setup (30-Min Chart) !

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๐Ÿš€ ๐Ÿ“ˆ๐Ÿ”ฅ
๐Ÿ” Stock: STIM (NASDAQ)
โณ Timeframe: 30-Min Chart
๐Ÿ“ˆ Setup Type: Bullish Reversal
๐Ÿ“ Trade Plan:
โœ… Entry Zone: $3.05 - $3.10 (Falling Wedge Breakout + Support)
๐Ÿš€ Take Profit 1 (TP1): $3.41 (Key Resistance)
๐Ÿš€ Take Profit 2 (TP2): $3.74+ (Extended Target if momentum continues)
๐Ÿ”ป Stop-Loss (SL): $2.84 (Below support for risk control)
๐Ÿ“Š Risk-Reward Ratio: Favorable for a bullish setup ๐Ÿ“‰๐Ÿ“ˆ

๐Ÿ”น Technical Analysis & Setup:
โœ… Pattern: Falling Wedge (Bullish Reversal Pattern) ๐Ÿ“‰ โ†’ ๐Ÿ“ˆ
โœ… Support Zone: Strong buyer interest around $3.05 - $3.10 (Yellow Zone)
โœ… Breakout Confirmation Needed: Price needs to break above the wedge with volume
โœ… Momentum Shift Expected: Higher lows forming, signaling bullish pressure
๐Ÿ”ฅ Trade Strategy & Refinements:
๐Ÿ“Š Volume Confirmation: Look for increased buying volume at breakout above $3.10 ๐Ÿ“ˆ
๐Ÿ“‰ Trailing Stop Strategy: Once price reaches TP1 ($3.41), adjust SL higher to secure profits
๐Ÿ’ฐ Partial Profit Booking: Take partial profits at TP1 and let the rest ride towards TP2 ($3.74+)
โš ๏ธ Watch for Fake Breakouts: If price drops below $3.05, reconsider the setup
๐Ÿš€ Final Thoughts:
โœ… Bullish Reversal Expected โ€“ High probability of breakout ๐Ÿ“ˆ
โœ… Strong Support at $3.05 - $3.10 โ€“ Ideal entry for risk-reward optimization ๐Ÿ’ฐ
โœ… Momentum Shift Possible โ€“ A push above $3.41 could drive STIM to $3.74+ ๐Ÿš€
๐Ÿ“Š Trade Smart & Stick to Your Plan! ๐Ÿ†๐Ÿ”ฅ

Would you like any refinements or additional insights? ๐Ÿš€๐Ÿ“ˆ

๐Ÿ”—
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