๐ ๐ข
Ticker: Loar Holdings Inc. (NYSE: LOAR)
Chart: 30-Min Timeframe
Pattern: Symmetrical triangle breakout continuation
๐น Entry: $96.49 (breakout from triangle pattern + resistance reclaim)
๐น Stop-Loss: $94.03 (below ascending trendline and consolidation zone)
๐น Take Profits:
โโTP1: $100.30 โ Resistance level
โโTP2: $104.64 โ Measured triangle target
โ๏ธ Risk-Reward Calculation:
โ Risk/Share: $2.46
โ Reward to TP2: $8.15
โ R:R Ratio: ~1:3.3 โ
๐ง Technical Highlights:
โ Breakout from a clean symmetrical triangle
โ Retest and strong reclaim of $96 zone
โ Bullish momentum with rising volume trend
Ticker: Loar Holdings Inc. (NYSE: LOAR)
Chart: 30-Min Timeframe
Pattern: Symmetrical triangle breakout continuation
๐น Entry: $96.49 (breakout from triangle pattern + resistance reclaim)
๐น Stop-Loss: $94.03 (below ascending trendline and consolidation zone)
๐น Take Profits:
โโTP1: $100.30 โ Resistance level
โโTP2: $104.64 โ Measured triangle target
โ๏ธ Risk-Reward Calculation:
โ Risk/Share: $2.46
โ Reward to TP2: $8.15
โ R:R Ratio: ~1:3.3 โ
๐ง Technical Highlights:
โ Breakout from a clean symmetrical triangle
โ Retest and strong reclaim of $96 zone
โ Bullish momentum with rising volume trend
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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.