GHRS (NASDAQ) - 30-Min Chart Long Trade Setup! 🚀
🔍 Stock: GHRS (NASDAQ)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry Zone: Above $13.10 - $13.50 (Breakout Confirmation)
🟢 Take Profit 1 (TP1): $15.78 (First Resistance Target)
🟢 Take Profit 2 (TP2): $19.14 (Extended Bullish Target)
🚨 Stop-Loss (SL): Below $10.58 (Key Support)
📊 Risk-Reward Ratio: Favorable for a bullish continuation 🚀
🔹 Technical Analysis & Setup:
✅ Pattern: Descending Trendline Breakout 📈
✅ Breakout Confirmation Needed: Sustained price above $13.10 - $13.50 with volume increase
✅ Support & Resistance Levels:
$13.00 (Breakout Zone)
$15.78 (First Major Resistance)
$19.14 (Extended Target for strong momentum)
✅ Momentum Shift Expected: A breakout above $13.50 could trigger an upside rally 🚀
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Look for increasing buying volume above $13.10 - $13.50 📈
📈 Trailing Stop Strategy: Once price reaches TP1 ($15.78), adjust SL higher to secure profits 🛑
💰 Partial Profit Booking: Take partial profits at $15.78 and let the rest ride toward $19.14+ 💵
⚠️ Fake Breakout Risk: If the price fails to hold above $13.10, reconsider entry ❌
🚀 Final Thoughts:
✅ Bullish Breakout Potential – High probability of continuation higher 📈
✅ Momentum Shift Possible – A move above $15.78 could accelerate upside 🚀
✅ Strong Risk-Reward Setup – SL at $10.58, TP at $15.78 - $19.14 for optimal gains
📊 Trade Smart & Stick to the Plan! 🏆🔥
🔗 #LongTrade #StockTrading #GHRS #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath 🚀📈
