📈🟢
Ticker: DNTH (NASDAQ)
Pattern: Ascending Triangle Breakout
Volume: Decent push above resistance
🧠 Trade Plan – Long Position
✅ Entry: $21.87 (Breakout candle above triangle + yellow line reclaim)
✅ Stop-Loss: $21.05 (Below triangle support zone)
🎯 Targets:
📌 TP1: $23.10 – Short-term resistance
📌 TP2: $24.44 – Major breakout target
⚖️ Risk-Reward Ratio
Risk per share: $0.82
Reward to TP2: $2.57
R:R Ratio: ~1 : 3.1 – Excellent reward potential
🔍 Technical Highlights
Breakout of ascending triangle pattern
Price reclaimed horizontal resistance (yellow)
Good structure with ProfittoPath watermark for brand identity
Candle close confirms strength
Ticker: DNTH (NASDAQ)
Pattern: Ascending Triangle Breakout
Volume: Decent push above resistance
🧠 Trade Plan – Long Position
✅ Entry: $21.87 (Breakout candle above triangle + yellow line reclaim)
✅ Stop-Loss: $21.05 (Below triangle support zone)
🎯 Targets:
📌 TP1: $23.10 – Short-term resistance
📌 TP2: $24.44 – Major breakout target
⚖️ Risk-Reward Ratio
Risk per share: $0.82
Reward to TP2: $2.57
R:R Ratio: ~1 : 3.1 – Excellent reward potential
🔍 Technical Highlights
Breakout of ascending triangle pattern
Price reclaimed horizontal resistance (yellow)
Good structure with ProfittoPath watermark for brand identity
Candle close confirms strength
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.