CURI (NASDAQ) - 30-Min Chart Long Trade Setup! ๐
๐ Stock: CURI (NASDAQ)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bullish Breakout
๐ Trade Plan:
โ
Entry Zone: Above $2.85 - $2.90 (Breakout Confirmation)
๐ Take Profit 1 (TP1): $3.08 (First Resistance)
๐ Take Profit 2 (TP2): $3.36 (Extended Bullish Target)
๐ป Stop-Loss (SL): Below $2.55 (Key Support)
๐ Risk-Reward Ratio: Favorable for a bullish continuation ๐
๐น Technical Analysis & Setup:
โ
Pattern: Ascending Triangle Breakout ๐
โ
Breakout Confirmation Needed: Price holding above $2.85 with volume support
โ
Resistance Zones:
$3.08: First Major Resistance
$3.36: Extended Target for strong momentum
โ
Momentum Shift Expected: A breakout could trigger a strong uptrend ๐
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Look for increasing buying volume above $2.85 ๐
๐ Trailing Stop Strategy: Once price reaches TP1 ($3.08), adjust SL higher to secure profits ๐
๐ฐ Partial Profit Booking: Take partial profits at $3.08 and let the rest ride toward $3.36+ ๐ต
โ ๏ธ Fake Breakout Risk: If price drops back below $2.85, reconsider entry โ
๐ Final Thoughts:
โ
Bullish Breakout Potential โ High probability of continuation higher ๐
โ
Momentum Shift Possible โ A move above $3.08 could accelerate the upside ๐
โ
Strong Risk-Reward Setup โ SL at $2.55, TP at $3.08 - $3.36 for optimal gains
๐ Trade Smart & Stick to the Plan! ๐๐ฅ
๐ #LongTrade #StockTrading #CURI #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath ๐๐