PVLA – 30-Min Long Trade Setup !
📌 🚀📈
🔹 Asset: Palvella Therapeutics, Inc. (NASDAQ: PVLA)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above 24.77 (Breakout Confirmation)
✅ Stop-Loss (SL): Below 23.29 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: 26.77 (First Resistance Level)
📌 TP2: 28.81 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): 24.77 - 23.29 = 1.48 risk per unit
📈 Reward to TP1: 26.77 - 24.77 = 2.00 (1:1.35 R/R)
📈 Reward to TP2: 28.81 - 24.77 = 4.04 (1:2.73 R/R)
🔍 Technical Analysis & Strategy
📌 Bullish Breakout Confirmation: Price has broken a key ascending trendline and is holding above resistance.
📌 Support Confirmation: Strong demand at 23.29, acting as a buying zone.
📌 Volume Confirmation Needed: Increased buy volume above 24.77 supports momentum.
📌 Momentum Shift Expected: If price sustains above 24.77, it could rally toward 26.77, then 28.81.
📊 Key Resistance & Support Levels
🟢 28.81 – Final Target / TP2
🔴 26.77 – First Resistance / TP1
🟡 24.77 – Breakout Level / Long Entry
⚪ 23.29 – Stop-Loss / Support Level
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying pressure above 24.77 before entering.
📉 Trailing Stop Strategy: Move SL to entry (24.77) after TP1 (26.77) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at 26.77, let the rest run toward 28.81.
✔ Adjust Stop-Loss to Break-even (24.77) after TP1 is hit.
⚠️ Fake Breakout Risk
❌ If price drops below 24.77 after breakout, exit early to limit losses.
❌ Wait for a strong bullish candle close before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Breakout signals upside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Risk-Reward Ratio – Favorable 1:2.73 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📈🔥
🔗 Hashtags for Reach & Engagement:
#PVLA 🚀 #NASDAQ 📈 #StockTrading 📊 #TradingNews 📰 #MarketUpdate 🔥 #Investing 💰 #LongTrade 🏆 #Finance 📉 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #StockSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bullish 📈 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakout 🚀
🔹 Asset: Palvella Therapeutics, Inc. (NASDAQ: PVLA)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above 24.77 (Breakout Confirmation)
✅ Stop-Loss (SL): Below 23.29 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: 26.77 (First Resistance Level)
📌 TP2: 28.81 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): 24.77 - 23.29 = 1.48 risk per unit
📈 Reward to TP1: 26.77 - 24.77 = 2.00 (1:1.35 R/R)
📈 Reward to TP2: 28.81 - 24.77 = 4.04 (1:2.73 R/R)
🔍 Technical Analysis & Strategy
📌 Bullish Breakout Confirmation: Price has broken a key ascending trendline and is holding above resistance.
📌 Support Confirmation: Strong demand at 23.29, acting as a buying zone.
📌 Volume Confirmation Needed: Increased buy volume above 24.77 supports momentum.
📌 Momentum Shift Expected: If price sustains above 24.77, it could rally toward 26.77, then 28.81.
📊 Key Resistance & Support Levels
🟢 28.81 – Final Target / TP2
🔴 26.77 – First Resistance / TP1
🟡 24.77 – Breakout Level / Long Entry
⚪ 23.29 – Stop-Loss / Support Level
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying pressure above 24.77 before entering.
📉 Trailing Stop Strategy: Move SL to entry (24.77) after TP1 (26.77) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at 26.77, let the rest run toward 28.81.
✔ Adjust Stop-Loss to Break-even (24.77) after TP1 is hit.
⚠️ Fake Breakout Risk
❌ If price drops below 24.77 after breakout, exit early to limit losses.
❌ Wait for a strong bullish candle close before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Breakout signals upside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Risk-Reward Ratio – Favorable 1:2.73 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📈🔥
🔗 Hashtags for Reach & Engagement:
#PVLA 🚀 #NASDAQ 📈 #StockTrading 📊 #TradingNews 📰 #MarketUpdate 🔥 #Investing 💰 #LongTrade 🏆 #Finance 📉 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #StockSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bullish 📈 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakout 🚀
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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.