๐ ๐ข
Ticker: Idaho Strategic Resources, Inc. (IDR โ NYSE Arca)
Timeframe: 30-Min Chart
Pattern: Falling wedge breakout (Bullish reversal)
๐ง Trade Plan โ Long Position
โ Entry Zone: $17.31 (Breakout confirmation from wedge)
๐ Stop-Loss: $16.55 (Below wedge support + recent low)
๐ฏ Take Profit Targets:
TP1: $18.26 โ Resistance from previous consolidation
TP2: $19.77 โ Major breakout target
๐ Risk-Reward Calculation
Risk per Share: $0.76
Reward to TP2: $2.46
R:R Ratio: ~1 : 3.2 โ Excellent
๐ Technical Highlights
Price broke above descending wedge = bullish signal
Strong horizontal support near $16.55 held firm
Volume likely to confirm move soon
Ticker: Idaho Strategic Resources, Inc. (IDR โ NYSE Arca)
Timeframe: 30-Min Chart
Pattern: Falling wedge breakout (Bullish reversal)
๐ง Trade Plan โ Long Position
โ Entry Zone: $17.31 (Breakout confirmation from wedge)
๐ Stop-Loss: $16.55 (Below wedge support + recent low)
๐ฏ Take Profit Targets:
TP1: $18.26 โ Resistance from previous consolidation
TP2: $19.77 โ Major breakout target
๐ Risk-Reward Calculation
Risk per Share: $0.76
Reward to TP2: $2.46
R:R Ratio: ~1 : 3.2 โ Excellent
๐ Technical Highlights
Price broke above descending wedge = bullish signal
Strong horizontal support near $16.55 held firm
Volume likely to confirm move soon
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.