INMB (NASDAQ) - 30-Min Chart Trade Setup Breakdown!
🚀
🔍 Stock: INMB (NASDAQ)
⏳ Timeframe: 30-Min Chart
📉 Setup Type: Bullish Reversal Attempt
📍 Trade Plan:
✅ Entry Zone: Above $9.30 - $9.35 (Breakout Confirmation)
🚀 Take Profit 1 (TP1): $10.22 (First Resistance)
🚀 Take Profit 2 (TP2): $11.22 (Extended Bullish Target)
🔻 Stop-Loss (SL): Below $8.50 (Key Support)
📊 Risk-Reward Ratio: Favorable for a bullish continuation 📈
🔹 Technical Analysis & Setup:
✅ Pattern: Falling Wedge Breakout Attempt 📉 → 📈
✅ Breakout Confirmation Needed: Price holding above $9.30 with volume support
✅ Resistance Zones:
$10.22: First Major Resistance
$11.22: Extended Target for strong momentum
✅ Momentum Shift Expected: A breakout could trigger a strong uptrend 🚀
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Look for increasing buying volume above $9.30 📉
📉 Trailing Stop Strategy: Once price reaches TP1 ($10.22), adjust SL higher to secure profits 🛑
💰 Partial Profit Booking: Take partial profits at $10.22 and let the rest ride toward $11.22+ 💵
⚠️ Fake Breakout Risk: If price drops back below $9.30, reconsider entry ❌
🚀 Final Thoughts:
✅ Bullish Reversal Attempt – High probability of continuation higher 📈
✅ Momentum Shift Possible – A move above $10.22 could accelerate the upside 🚀
✅ Strong Risk-Reward Setup – SL at $8.50, TP at $10.22 - $11.22 for optimal gains
📊 Trade Smart & Stick to the Plan! 🏆🔥
🔗 #LongTrade #StockTrading #INMB #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath 🚀📈
🔍 Stock: INMB (NASDAQ)
⏳ Timeframe: 30-Min Chart
📉 Setup Type: Bullish Reversal Attempt
📍 Trade Plan:
✅ Entry Zone: Above $9.30 - $9.35 (Breakout Confirmation)
🚀 Take Profit 1 (TP1): $10.22 (First Resistance)
🚀 Take Profit 2 (TP2): $11.22 (Extended Bullish Target)
🔻 Stop-Loss (SL): Below $8.50 (Key Support)
📊 Risk-Reward Ratio: Favorable for a bullish continuation 📈
🔹 Technical Analysis & Setup:
✅ Pattern: Falling Wedge Breakout Attempt 📉 → 📈
✅ Breakout Confirmation Needed: Price holding above $9.30 with volume support
✅ Resistance Zones:
$10.22: First Major Resistance
$11.22: Extended Target for strong momentum
✅ Momentum Shift Expected: A breakout could trigger a strong uptrend 🚀
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Look for increasing buying volume above $9.30 📉
📉 Trailing Stop Strategy: Once price reaches TP1 ($10.22), adjust SL higher to secure profits 🛑
💰 Partial Profit Booking: Take partial profits at $10.22 and let the rest ride toward $11.22+ 💵
⚠️ Fake Breakout Risk: If price drops back below $9.30, reconsider entry ❌
🚀 Final Thoughts:
✅ Bullish Reversal Attempt – High probability of continuation higher 📈
✅ Momentum Shift Possible – A move above $10.22 could accelerate the upside 🚀
✅ Strong Risk-Reward Setup – SL at $8.50, TP at $10.22 - $11.22 for optimal gains
📊 Trade Smart & Stick to the Plan! 🏆🔥
🔗 #LongTrade #StockTrading #INMB #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath 🚀📈
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.