🚀 FORM Bull Pennant Breakout – 15% Potential Incoming?! 👀🔥
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
FORM is consolidating within a bullish pennant on the 1H chart after a strong 15% impulse move — classic continuation setup.
Price is hugging the triangle resistance and sitting above the 100 EMA, showing strength and reducing downside pressure.
📈 Entry: CMP and add more up to $2.83
🎯 Targets: $3.21 / $3.28 / $3.35
🛑 Stop-Loss: Below $2.78
📊 Risk-Reward: Excellent
💥 Bias: Bullish
📉 Leverage: Use low leverage (max 5x) for safer exposure
Keep your eyes on volume confirmation. A decisive move above the triangle could lead to another explosive leg up.
Agree with the setup? Drop your thoughts below! 👇
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
FORM is consolidating within a bullish pennant on the 1H chart after a strong 15% impulse move — classic continuation setup.
Price is hugging the triangle resistance and sitting above the 100 EMA, showing strength and reducing downside pressure.
📈 Entry: CMP and add more up to $2.83
🎯 Targets: $3.21 / $3.28 / $3.35
🛑 Stop-Loss: Below $2.78
📊 Risk-Reward: Excellent
💥 Bias: Bullish
📉 Leverage: Use low leverage (max 5x) for safer exposure
Keep your eyes on volume confirmation. A decisive move above the triangle could lead to another explosive leg up.
Agree with the setup? Drop your thoughts below! 👇
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.