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📝 Full Description (for TradingView Post):
Ticker:
CLBR
Timeframe: 30-Min Chart
Trade Type: Long (Breakout Continuation)
CLBR has been showing solid upward momentum, recently forming a bullish pennant following a sharp price move. The consolidation was tight, and the breakout through the pennant's resistance line confirms a continuation of the trend.
Price has now cleared the immediate breakout level at $16.86, suggesting strong momentum for a push toward the $18.12 zone. The trade offers a favorable risk-to-reward profile and is backed by strong volume on the breakout candle.
✅ Trade Plan:
Entry: $16.86
Stop-Loss: $17.42
Target: $18.12
Risk/Reward: ~1:2+
🔍 Technical Breakdown:
Pattern: Bullish pennant (continuation pattern)
Structure: Higher lows compressing into resistance zone
Breakout Confirmation: Strong candle through triangle top
Momentum: High — continuation of prior uptrend
⚠️ Watch For:
Retest of breakout zone ($16.80–$17.00)
Volume support for further upside
Resistance at $18.12 acting as target or potential stall zone
📈 Chart by ProfittoPath
Smart entries | Clear setups | Market momentum tracking
📝 Full Description (for TradingView Post):
Ticker:
CLBRTimeframe: 30-Min Chart
Trade Type: Long (Breakout Continuation)
CLBR has been showing solid upward momentum, recently forming a bullish pennant following a sharp price move. The consolidation was tight, and the breakout through the pennant's resistance line confirms a continuation of the trend.
Price has now cleared the immediate breakout level at $16.86, suggesting strong momentum for a push toward the $18.12 zone. The trade offers a favorable risk-to-reward profile and is backed by strong volume on the breakout candle.
✅ Trade Plan:
Entry: $16.86
Stop-Loss: $17.42
Target: $18.12
Risk/Reward: ~1:2+
🔍 Technical Breakdown:
Pattern: Bullish pennant (continuation pattern)
Structure: Higher lows compressing into resistance zone
Breakout Confirmation: Strong candle through triangle top
Momentum: High — continuation of prior uptrend
⚠️ Watch For:
Retest of breakout zone ($16.80–$17.00)
Volume support for further upside
Resistance at $18.12 acting as target or potential stall zone
📈 Chart by ProfittoPath
Smart entries | Clear setups | Market momentum tracking
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.
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.