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Breakoutsignal

BATUSDT is testing a key levelThe price is testing the dynamic daily resistance on the 4h timeframe. Nice volume is coming The price needs to create a new breakout from it and retest the current 4h resistance as new support. How to approach it? IF the price is going to create a clear breakout with volume and retest the current resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
14
Breakout trade in CWENClearway Energy (CWEN) is showing all the signs of a pending breakout move higher. The stock has formed a base from November to present with price action compressing and pullbacks getting shallower from left to right - a sign that supply is no longer coming to market as the market works through sell orders in the $37 - $38 range. CWEN is an alternative energy stock, and that sector is currently outperforming 95% of the market (ranked 8/197 in relative strength). This breakout could be part of a larger group move and an underlying theme I am seeing from potential leaders in the next bull market. The stock has formed a pivot over the last week and a half, trading in a tight 4% range. A move outside of this area could lead to a nice move higher as the stock releases its energy from a large base. Consider buying on a breakout above 38.30. And thanks to the tight pivot area, you can place a sell stop order at 36.30 to risk just 5% on the trade.
NYSE:CWENLong
by rossgivens
1
$FB - Bottomed out reversal play with +10% to 30% upsideTechnical Analysis Scenario 1 - Bullish Price has bottomed at $150 with a mean reversion play to $192-$230 depending on which resistance level holds above. Scenario 2 - Bearish The next few weeks will determine if we have a long entry above $170 (if price breaks above). If it resists at the $170 -$180 level then we have a continuation to $150 or a squeeze. Price Target Entry $170-$180 Target 1: $192 Target 2: $210 Target 3: $230
NASDAQ:METALong
by subtlepapi
$ACA - Reversal with +15% upsideTechnical Analysis (TA) Weekly bottomed out with crossover on RSI and William %R) Daily breakout has signaled a shift in momentum. However, there has been previous resistance at the 100EMA level so I expect this to come back down to EUR 9.2 for a higher low before a push upwards to $11 + Price Target Entry: 9.10-9.30 Target 1: 9.76 Target 2: 10.45 Analysts Target: 11.40 Fundamental Analysis (FA) Mediocre quality screen on financial metric. Strong earnings and dividends = key catalyst in this upward momentum.
EURONEXT:ACALong
by subtlepapi
2
TTM: breaking out of bearish channelTTM ( Tata Motors , Indian conglomerate): Nice set up here as we had a multi week bear channel and we're now breaking out of this channel, signalling a potential reversal to the upside. To maintain this reversal, the price will need to remain above the line of the bear channel which is now acting as support. Note that price could go up a bit and retest the breakout point before really taking off. I'm long with a stop at 26.19. All targets are on the chart. Two important targets are 29.13 which is the previous high, and 34.49. Trade safe.
TLong
by Elpidaldo