05.06.2025 / 
FWRG
Fundamentals. Negative quarterly report
Technical analysis.
Daily chart: Sideways. We mark the levels of 15.0 and 12.90 formed by the trend break in April 2025 and October 2024.
Premarket: Gap Down on moderate volume.
Trading session: The downward movement from the opening of the trading session is stopped at 12.9. The price makes a small pullback after the first touch of the level and is bounded by large limit orders in a narrow range of 12.90 - 13.00. We draw attention to the significant increase in Buy volumes after 10:30 a.m. We are considering a long trade in the counter-trend in case of holding the level of 12.9
Trading scenario: #rebound from the level of 12.90
Entry: 13.09 when exiting upwards from accumulation above the level.
Stop: 12.87 we hide it below the level with a small reserve.
Exit: Cover part of the position before the level of 13.00 (RR 1/8.5), cover the remaining part of the position at a price of 15.5 when the structure of the uptrend is broken (RR 1/11) at the end of the session.
Risk Rewards: 1/9 (1/11 max)
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
FWRG Fundamentals. Negative quarterly report
Technical analysis.
Daily chart: Sideways. We mark the levels of 15.0 and 12.90 formed by the trend break in April 2025 and October 2024.
Premarket: Gap Down on moderate volume.
Trading session: The downward movement from the opening of the trading session is stopped at 12.9. The price makes a small pullback after the first touch of the level and is bounded by large limit orders in a narrow range of 12.90 - 13.00. We draw attention to the significant increase in Buy volumes after 10:30 a.m. We are considering a long trade in the counter-trend in case of holding the level of 12.9
Trading scenario: #rebound from the level of 12.90
Entry: 13.09 when exiting upwards from accumulation above the level.
Stop: 12.87 we hide it below the level with a small reserve.
Exit: Cover part of the position before the level of 13.00 (RR 1/8.5), cover the remaining part of the position at a price of 15.5 when the structure of the uptrend is broken (RR 1/11) at the end of the session.
Risk Rewards: 1/9 (1/11 max)
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.