BYRN trade ideas
BYRN – 30-Min Long Trade Setup!📈 🟢
🔹 Asset: Byrna Technologies, Inc. (BYRN – NASDAQ)
🔹 Chart Pattern: Rising Wedge Breakout + Retest
🔹 Timeframe: 30-Minute
📊 Trade Plan – Long Position
✅ Entry Zone: $21.78 (Break + Retest of wedge resistance + yellow level reclaim)
✅ Stop-Loss (SL): $20.79 (Below trendline & recent structure)
🎯 Take Profit Targets:
📌 TP1: $23.22 – Previous supply zone
📌 TP2: $24.64 – Major resistance above
📐 Risk-Reward Calculation
🟥 Risk per share: $0.99
🟩 Reward to TP2: $2.86
📊 R/R Ratio: ~1 : 2.9 – Excellent swing potential
🔍 Technical Highlights
✅ Rising wedge breakout with clean retest
✅ Volume confirmation around breakout zone
✅ Tight structure + higher lows indicate strong momentum
✅ Previous resistance flipped to support (yellow line)
📉 Risk Management Strategy
🔁 Move SL to breakeven after hitting TP1
💰 Book partial profits at TP1
🚀 Hold remainder toward TP2 with trailing stop
🚨 Setup Invalidation If:
❌ Price closes below $20.79
❌ False breakout with weak volume
❌ Bearish engulfing under $21.30 support
Byrna Technologies (BYRN): Non-Lethal Defense Gains PopularityByrna Technologies, Inc. (BYRN) is a company focused on personal security, offering non-lethal self-defense products designed to keep people safe. Its flagship product, the Byrna launcher, provides an alternative to firearms, using CO2-powered rounds to deter threats. The company’s growth is driven by increasing demand for personal protection, expanding product lines, and growing consumer awareness of non-lethal defense options.
The stock chart recently showed a confirmation bar with increasing volume, moving into the momentum zone, which occurs when the price moves above the 0.236 Fibonacci level. This signals rising investor interest and potential for continued upward movement. Trailing stop losses can be set using Fibonacci levels with the Fibonacci snap tool, allowing traders to manage risk effectively while staying in the trend.
BYRN Byrna technologies 24 hr potterboxesBYRN Byrna technologies is looking good for a break out. take a look at the potterboxes and to the left . there is no noise to stop it from going much higher. The stop out would be around $25.00 dollars and take some profit at $45.00 and $75.00 dollars. About 6 months out. Just my opinion . happy trading.
Byrna - No registration needed. Interesting story and all. Ranking well on google on non lethal weapons and such. Also been doing well this year. Nice set up and everhting as well.
I like the story and the set up
New Setup: BYRNBYRN: I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high. If triggered, I will then place a stop-loss below (SL) and a price target above it(TP-50%,move SL to breakeven), then using the close below the 10SMA as my trailing stop loss.
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Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(3).
BYRNA longA longer-term play. I usually disregard such iHS patterns, but on stock charts they tend to play out quite strong. Higher highs and higher lows, golden cross on daily frame, goes higher after a nice flag - most of the technical arguments support the upside
Trade safe
$BYRN Head and Shoulders - $7-$8 Price Target - PUT$!I don't "enjoy" shorting companies/ stocks, but this chart was too beautifully bearish to pass up. If this massive head and shoulders pattern plays out it'll be incredibly satisfying, and even more lucrative!
Personally, I'm holding a healthy number of: NASDAQ:BYRN 6/21 $10 puts
BYRN - Sharp Up Channel The up channel is very sharp, because of this I expect it to break down and return to the horizontal support line
The green circles paint a larger picture of a left shoulder and head formation with a right shoulder yet to be seen
Hourly chart
