Alright, here’s the play.
Reddit’s been bleeding inside this falling channel for months. But here’s where it gets interesting.
→ IF price holds this buy zone around $100 - $95...
→ THEN I’m expecting a breakout towards $135 as first target. That’s about +34%.
Strong bounce here, plus a clean break of this descending channel = confirmation for me.
Volume is kicking in — I wanna see continuation.
→ IF price breaks $135 with momentum...
→ THEN next stop is $165 — the 2nd target. That’s another +20%.
This isn’t a scalp. It’s a swing idea. 2-5 months range.
Earnings 1st May could be a catalyst — but I want to be in early, not chasing after.
→ IF price loses $70 support with volume...
→ THEN idea invalidated. No ego, I’m out.
Simple plan. Clear levels. No hope, just execution.
Reddit’s been bleeding inside this falling channel for months. But here’s where it gets interesting.
→ IF price holds this buy zone around $100 - $95...
→ THEN I’m expecting a breakout towards $135 as first target. That’s about +34%.
Strong bounce here, plus a clean break of this descending channel = confirmation for me.
Volume is kicking in — I wanna see continuation.
→ IF price breaks $135 with momentum...
→ THEN next stop is $165 — the 2nd target. That’s another +20%.
This isn’t a scalp. It’s a swing idea. 2-5 months range.
Earnings 1st May could be a catalyst — but I want to be in early, not chasing after.
→ IF price loses $70 support with volume...
→ THEN idea invalidated. No ego, I’m out.
Simple plan. Clear levels. No hope, just execution.
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.