05.07.2025 / 
CPNG
Fundamentals. Positive earnings report.
Technical analysis.
Daily chart: No clear trend. We mark the levels 25.70 and 26.90 formed by the trend break in February 2025 and November 2024.
Premarket: Trading volumes are small.
Trading session: We observe an uptrend after the opening of the trading session. The level 25.70 is confirmed by a touch at 10:46 a.m. The price breaks through the level after a pullback and forms a narrow trading range above the level. We are considering a long trade to continue the upward movement in case of holding the level 25.70.
Trading scenario: #breakout with retest of the level 25.70
Entry: 25.83 when exiting upward from accumulation above the level.
Stop: 25.64 we hide it below the level with a small reserve.
Exit: Cover part of the position before the level of 26.90 (RR 1/5) after the price accelerates on increased volume, cover the remaining part of the position at the price of 26.86 (RR 1/5) when a reversal candlestick pattern forms at the level.
Risk Rewards: 1/5
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
CPNG Fundamentals. Positive earnings report.
Technical analysis.
Daily chart: No clear trend. We mark the levels 25.70 and 26.90 formed by the trend break in February 2025 and November 2024.
Premarket: Trading volumes are small.
Trading session: We observe an uptrend after the opening of the trading session. The level 25.70 is confirmed by a touch at 10:46 a.m. The price breaks through the level after a pullback and forms a narrow trading range above the level. We are considering a long trade to continue the upward movement in case of holding the level 25.70.
Trading scenario: #breakout with retest of the level 25.70
Entry: 25.83 when exiting upward from accumulation above the level.
Stop: 25.64 we hide it below the level with a small reserve.
Exit: Cover part of the position before the level of 26.90 (RR 1/5) after the price accelerates on increased volume, cover the remaining part of the position at the price of 26.86 (RR 1/5) when a reversal candlestick pattern forms at the level.
Risk Rewards: 1/5
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
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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.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
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.