📈 🚀
🔹 Asset: Beta Bionics, Inc. (BBNX)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $14.50 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $13.40 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $15.92 (First Resistance Level)
📌 TP2: $17.70 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $14.50 - $13.40 = $1.10 per share
📈 Reward to TP1: $15.92 - $14.50 = $1.42 (1:1.29 R/R)
📈 Reward to TP2: $17.70 - $14.50 = $3.20 (1:2.91 R/R)
💡 Favorable Risk-Reward Setup – Targeting a 1:2.91 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bullish Wedge Breakout Setup – Price consolidating at key support.
📌 Strong Reversal Potential – Buyers stepping in near $14.50 support.
📌 Volume Confirmation Needed – A strong buy volume spike above $14.50 confirms momentum shift.
📌 Momentum Shift Expected – Breakout could lead to $15.92, then extend to $17.70.
📊 Key Resistance & Support Levels
🔴 $15.92 – First Resistance / TP1
🟡 $14.50 – Breakout Level / Long Entry
⚪ $13.40 – Stop-Loss / Support Level
🟢 $17.70 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong buying pressure before entry.
📉 Trailing Stop Strategy – Move SL to breakeven ($14.50) after hitting TP1 ($15.92).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $15.92, let the rest run to $17.70.
✔ Adjust SL to breakeven ($14.50) after TP1 is hit.
⚠️ Fake Breakout Risk
❌ If price moves back below $14.50, exit early to limit losses.
❌ Wait for a strong bullish candle close above $14.50 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup Confirmed – Breakout signals further upside potential.
✔ Momentum Shift Expected – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.91 R/R at TP2 makes this a high-quality trade.
💡 Stick to the plan, manage risk, and trade smart! 📈🔥
🔗 Hashtags for Maximum Reach 🔥
#ProfittoPath 🏆 | #BBNX 📊 | #StockMarket 📈 | #BreakoutTrade 🚀 | #BullishSetup 💰 | #SmartTrading 🎯 | #TechnicalAnalysis 🔍 | #SwingTrading 📊
🔹 Asset: Beta Bionics, Inc. (BBNX)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $14.50 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $13.40 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $15.92 (First Resistance Level)
📌 TP2: $17.70 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $14.50 - $13.40 = $1.10 per share
📈 Reward to TP1: $15.92 - $14.50 = $1.42 (1:1.29 R/R)
📈 Reward to TP2: $17.70 - $14.50 = $3.20 (1:2.91 R/R)
💡 Favorable Risk-Reward Setup – Targeting a 1:2.91 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bullish Wedge Breakout Setup – Price consolidating at key support.
📌 Strong Reversal Potential – Buyers stepping in near $14.50 support.
📌 Volume Confirmation Needed – A strong buy volume spike above $14.50 confirms momentum shift.
📌 Momentum Shift Expected – Breakout could lead to $15.92, then extend to $17.70.
📊 Key Resistance & Support Levels
🔴 $15.92 – First Resistance / TP1
🟡 $14.50 – Breakout Level / Long Entry
⚪ $13.40 – Stop-Loss / Support Level
🟢 $17.70 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong buying pressure before entry.
📉 Trailing Stop Strategy – Move SL to breakeven ($14.50) after hitting TP1 ($15.92).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $15.92, let the rest run to $17.70.
✔ Adjust SL to breakeven ($14.50) after TP1 is hit.
⚠️ Fake Breakout Risk
❌ If price moves back below $14.50, exit early to limit losses.
❌ Wait for a strong bullish candle close above $14.50 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup Confirmed – Breakout signals further upside potential.
✔ Momentum Shift Expected – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.91 R/R at TP2 makes this a high-quality trade.
💡 Stick to the plan, manage risk, and trade smart! 📈🔥
🔗 Hashtags for Maximum Reach 🔥
#ProfittoPath 🏆 | #BBNX 📊 | #StockMarket 📈 | #BreakoutTrade 🚀 | #BullishSetup 💰 | #SmartTrading 🎯 | #TechnicalAnalysis 🔍 | #SwingTrading 📊
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.