Watching for a Breakout Above 52-Week High – $36.65
Why I'm Watching:
Bear Flag? Maybe… But
The current flag has lasted 13 days with no breakdown attempt — that hesitation leans more like consolidation than weakness. I’m leaning bullish unless we lose key support.
Plan:
Sharing my thought process — not financial advice. What’s your read on this setup?
Why I'm Watching:
- Strong weekly uptrend
- Heavy green volume on Friday = buying interest
- MACD curling up – possible momentum shift
Bear Flag? Maybe… But
The current flag has lasted 13 days with no breakdown attempt — that hesitation leans more like consolidation than weakness. I’m leaning bullish unless we lose key support.
Plan:
- Entry Trigger: Break and close above $36.65 (1.618 fib extension + retest of 52wk high)
- Stop: Below the previous 52-week high (potential support level)
Sharing my thought process — not financial advice. What’s your read on this setup?
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.
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.