Trade Review - NPWR

snapshot
Found this stock on the screener showing a bullish continuation setup on the daily chart. On the higher timeframe downtrend, looked like the pullback had been played out. Despite it was added it to the watchlist to monitor.

snapshot
Execution – Later Entry.

Trade Overview
• Structure: Bullish Continuation (D) / Bearish Pullback (W)
• Position: Near Mean (D) / Near Mean (W)
• Entry Trigger: Breakout / Range Expansion

Entry Details
• Entry Price: 9.92
• Stop Price: 8.91
• Target Price: 12.34
• Expected Risk/Reward: 2.36 R

Exit Strategy
• Exit Price: Closed 75% at 11.34 and 25% at 12.34.
Beyond Technical AnalysisChart Patternscontinuationmeanreversionreviewswingtradingtradereview

Disclaimer