📈 🟢
Ticker: Colombier Acquisition Corp. II (NYSE: CLBR)
Chart: 30-Min Timeframe
Pattern: Rising wedge breakout
🔹 Entry: $13.29 (breakout and reclaim above resistance)
🔹 Stop-Loss: $12.69 (below trendline and recent breakout zone)
🔹 Take Profits:
TP1: $14.45 – Previous resistance zone
TP2: $15.66 – Measured move / breakout target
⚖️ Risk-Reward Calculation:
– Risk per Share: $0.60
– Reward to TP2: $2.37
– R:R Ratio: ~1:3.9 ✅
🧠 Technical Highlights:
– Strong breakout after tight rising wedge pattern
– Quick reclaim of $13 breakout level
– Volume expansion supporting the breakout
Ticker: Colombier Acquisition Corp. II (NYSE: CLBR)
Chart: 30-Min Timeframe
Pattern: Rising wedge breakout
🔹 Entry: $13.29 (breakout and reclaim above resistance)
🔹 Stop-Loss: $12.69 (below trendline and recent breakout zone)
🔹 Take Profits:
TP1: $14.45 – Previous resistance zone
TP2: $15.66 – Measured move / breakout target
⚖️ Risk-Reward Calculation:
– Risk per Share: $0.60
– Reward to TP2: $2.37
– R:R Ratio: ~1:3.9 ✅
🧠 Technical Highlights:
– Strong breakout after tight rising wedge pattern
– Quick reclaim of $13 breakout level
– Volume expansion supporting the breakout
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.