NVEE on the 30-minute chart shows a breakout above the descending trendline, signaling a potential reversal and bullish momentum.
Entry: $19.99
Stop-Loss: $19.47
Target 1 (T1): $20.64
Target 2 (T2): $21.49
The price action is supported by a trendline break and consolidation near the support zone. A clear risk-to-reward setup with tight stop-loss and profit targets in place.
⚠️ Watch for increased volume to confirm the breakout.
#NVEE #NASDAQ #Breakout #TechnicalAnalysis #TradingSetup #SwingTrading #RiskManagement #TrendlineBreak #TradingView 🚀
Entry: $19.99
Stop-Loss: $19.47
Target 1 (T1): $20.64
Target 2 (T2): $21.49
The price action is supported by a trendline break and consolidation near the support zone. A clear risk-to-reward setup with tight stop-loss and profit targets in place.
⚠️ Watch for increased volume to confirm the breakout.
#NVEE #NASDAQ #Breakout #TechnicalAnalysis #TradingSetup #SwingTrading #RiskManagement #TrendlineBreak #TradingView 🚀
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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.