Cardiff Oncology, Inc.
Long

CRDF (NASDAQ) - 30-Min Chart Long Trade Setup!

πŸš€

πŸ” Stock: CRDF (NASDAQ)
⏳ Timeframe: 30-Min Chart
πŸ“ˆ Setup Type: Bullish Breakout
πŸ“ Trade Plan:
βœ… Entry Zone: Above $4.61 - $4.65 (Breakout Confirmation)
πŸš€ Take Profit 1 (TP1): $4.86 (First Resistance)
πŸš€ Take Profit 2 (TP2): $5.07 (Extended Bullish Target)
πŸ”» Stop-Loss (SL): Below $4.43 (Key Support)
πŸ“Š Risk-Reward Ratio: Favorable for a bullish continuation πŸ“ˆ

πŸ”Ή Technical Analysis & Setup:
βœ… Pattern: Trendline Support Breakout πŸ“ˆ
βœ… Breakout Confirmation Needed: Price holding above $4.61 with volume support
βœ… Resistance Zones:
$4.86: First Major Resistance
$5.07: Extended Target for strong momentum
βœ… Momentum Shift Expected: A breakout could trigger a strong uptrend πŸš€
πŸ”₯ Trade Strategy & Refinements:

πŸ“Š Volume Confirmation: Look for increasing buying volume above $4.61 πŸ“‰
πŸ“‰ Trailing Stop Strategy: Once price reaches TP1 ($4.86), adjust SL higher to secure profits πŸ›‘
πŸ’° Partial Profit Booking: Take partial profits at $4.86 and let the rest ride toward $5.07+ πŸ’΅
⚠️ Fake Breakout Risk: If price drops back below $4.61, reconsider entry ❌
πŸš€ Final Thoughts:
βœ… Bullish Breakout Confirmed – High probability of continuation higher πŸ“ˆ
βœ… Momentum Shift Possible – A move above $4.86 could accelerate the upside πŸš€
βœ… Strong Risk-Reward Setup – SL at $4.43, TP at $4.86 - $5.07 for optimal gains
πŸ“Š Trade Smart & Stick to the Plan! πŸ†πŸ”₯
πŸ”— #LongTrade #StockTrading #CRDF #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath πŸš€πŸ“ˆ

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