๐ Ticker:
KULR (KULR Technology Group, Inc.)
๐ Timeframe: 1W (Weekly)
๐ Price: $7.11
๐ Pattern: Rising parallel channel with bullish consolidation
๐ Technical Setup:
KULR is respecting a clean ascending channel since early 2023 and is currently consolidating just above key support and the lower trendline, forming a launch base.
๐ต Key Resistance: $6.51 has flipped to support
๐ Price bounced from demand zone + holding mid-channel
๐ Volume profile supports accumulation at lows
๐ง Trade Plan & Dynamic Stop:
๐ฅ Entry Zone: $6.80โ$7.20
โ Trailing Stop: A few % below the lower rising trendline
โ Trail it dynamically as the channel rises (e.g. ~4โ7% buffer under trendline)
๐ฏ Targets & ROIC:
๐ฏ Target 1: $9.45
โ Return: +31.3%
๐ฏ Target 2: $28.81
โ Return: +305.1%
๐ฏ Target 3 (Channel Top): $168.12
โ Return: +2,268%
โ ๏ธ Key Technical Notes:
Bullish retest of major breakout zone ($6.50) is holding
Trendline structure is strong โ perfect for trend-following strategy
Trailing stop method protects gains without prematurely exiting
Momentum expected to increase above $9.00
๐ฌ Is KULR about to explode higher with the next growth leg?
Watch for confirmation above $9.50 for breakout acceleration.
#KULR #ChannelBreakout #SmallCapTech #ExplosiveSetup #TrendTrading #TargetTraders
๐ Timeframe: 1W (Weekly)
๐ Price: $7.11
๐ Pattern: Rising parallel channel with bullish consolidation
๐ Technical Setup:
๐ต Key Resistance: $6.51 has flipped to support
๐ Price bounced from demand zone + holding mid-channel
๐ Volume profile supports accumulation at lows
๐ง Trade Plan & Dynamic Stop:
๐ฅ Entry Zone: $6.80โ$7.20
โ Trailing Stop: A few % below the lower rising trendline
โ Trail it dynamically as the channel rises (e.g. ~4โ7% buffer under trendline)
๐ฏ Targets & ROIC:
๐ฏ Target 1: $9.45
โ Return: +31.3%
๐ฏ Target 2: $28.81
โ Return: +305.1%
๐ฏ Target 3 (Channel Top): $168.12
โ Return: +2,268%
โ ๏ธ Key Technical Notes:
Bullish retest of major breakout zone ($6.50) is holding
Trendline structure is strong โ perfect for trend-following strategy
Trailing stop method protects gains without prematurely exiting
Momentum expected to increase above $9.00
๐ฌ Is KULR about to explode higher with the next growth leg?
Watch for confirmation above $9.50 for breakout acceleration.
#KULR #ChannelBreakout #SmallCapTech #ExplosiveSetup #TrendTrading #TargetTraders
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.