📈 🟢
Ticker: HCSG (Healthcare Services Group, NASDAQ: HCSG)
Chart: 30-Min Timeframe
Pattern: Rising wedge breakout
🔹 Entry: $14.78 (breakout above wedge + trendline support)
🔹 Stop-Loss: $14.25 (below trendline + recent structure)
🔹 Take Profits:
TP1: $15.30 – Previous rejection zone
TP2: $15.95 – Measured wedge breakout target
⚖️ Risk-Reward Calculation:
– Risk/Share: $0.53
– Reward to TP2: $1.17
– R:R Ratio: ~1:2.2 ✅
🧠 Technical Highlights:
– Strong uptrend breakout from rising wedge
– Tight consolidation before breakout
– Holding above 14.50 support with healthy momentum
Ticker: HCSG (Healthcare Services Group, NASDAQ: HCSG)
Chart: 30-Min Timeframe
Pattern: Rising wedge breakout
🔹 Entry: $14.78 (breakout above wedge + trendline support)
🔹 Stop-Loss: $14.25 (below trendline + recent structure)
🔹 Take Profits:
TP1: $15.30 – Previous rejection zone
TP2: $15.95 – Measured wedge breakout target
⚖️ Risk-Reward Calculation:
– Risk/Share: $0.53
– Reward to TP2: $1.17
– R:R Ratio: ~1:2.2 ✅
🧠 Technical Highlights:
– Strong uptrend breakout from rising wedge
– Tight consolidation before breakout
– Holding above 14.50 support with healthy momentum
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.