📈
🔹 Ticker: DAR (NYSE)
🔹 Setup Type: Triangle Breakout + Horizontal Resistance Flip
🔸 Breakout Price: ~$32.27
📊 Trade Plan (Long Position)
✅ Entry Zone: $32.15–$32.30 (breakout zone above yellow line)
✅ Stop Loss (SL): Below $30.99 (white structure support)
✅ Take Profit Targets:
📌 TP1: $33.96 (red resistance zone)
📌 TP2: $36.08 (green zone – previous swing high)
📐 Risk-Reward Analysis
📉 Risk:
$32.27 - $30.99 = $1.28
📈 Reward to TP1:
$33.96 - $32.27 = $1.69 → 1.32:1 R/R
📈 Reward to TP2:
$36.08 - $32.27 = $3.81 → 2.97:1 R/R
🔍 Technical Highlights
📌 Strong ascending triangle forming with higher lows
📌 Clean breakout above yellow resistance with bullish momentum
📌 Trendline support (pink) holding well
📌 Volume building at the breakout point = bullish confluence
⚙️ Trade Management Plan
🔄 After TP1:
— Move SL to breakeven
— Book partial profits
📈 Ride the rest to TP2 with a trailing stop
⚠️ Setup Invalidation
❌ Breakdown below $30.99
❌ Failed retest of yellow breakout zone
❌ No volume confirmation on breakout
🔹 Ticker: DAR (NYSE)
🔹 Setup Type: Triangle Breakout + Horizontal Resistance Flip
🔸 Breakout Price: ~$32.27
📊 Trade Plan (Long Position)
✅ Entry Zone: $32.15–$32.30 (breakout zone above yellow line)
✅ Stop Loss (SL): Below $30.99 (white structure support)
✅ Take Profit Targets:
📌 TP1: $33.96 (red resistance zone)
📌 TP2: $36.08 (green zone – previous swing high)
📐 Risk-Reward Analysis
📉 Risk:
$32.27 - $30.99 = $1.28
📈 Reward to TP1:
$33.96 - $32.27 = $1.69 → 1.32:1 R/R
📈 Reward to TP2:
$36.08 - $32.27 = $3.81 → 2.97:1 R/R
🔍 Technical Highlights
📌 Strong ascending triangle forming with higher lows
📌 Clean breakout above yellow resistance with bullish momentum
📌 Trendline support (pink) holding well
📌 Volume building at the breakout point = bullish confluence
⚙️ Trade Management Plan
🔄 After TP1:
— Move SL to breakeven
— Book partial profits
📈 Ride the rest to TP2 with a trailing stop
⚠️ Setup Invalidation
❌ Breakdown below $30.99
❌ Failed retest of yellow breakout zone
❌ No volume confirmation on breakout
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.