Trade Review - AIRS
Daily chat showed a bullish continuation structure and weekly chart within a larger range (price inside of structure).
Above chart shows execution, showed up on active scan instantly but decided to enter with some reservation.
Trade Overview
• Structure: Bullish Continuation (D) / Range (W)
• Position: Near Mean (D) / Inside Range (W)
• Entry Trigger: Range Expansion / Breakout
Entry Details
• Entry Price: 6.42
• Stop Price: 5.54
• Target Price: 7.56
• Expected Risk/Reward: 1.3 R
Exit Strategy
• Exit Price: Closed all into 7.56 (Measured Move)
Performance Summary
• Result: 1.3R from a 17.75% move
AIRS trade ideas
Betting on More gains with AirSculpt. AIRSWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$AIRS is building a base that you can't avoid!Seems like institutions are building a base just under $14.37.
Look at the price and the volume pops above average, you can see that the price points are roughly aligned building out a very nice average.
A break above $14.37 with Volume could be an early entry to a move higher.
If you want to take the risk you can start to build a position right now and accumulate around the current price.
*Manage risk under $11.9 or under $12.7*
Start to add more to your initial position as the price consolidates under $14.37, after a break/close above $14.37 and then after $15.9.
DYDD and manage risk accordingly.