๐ ๐ข
Ticker: Sezzle Inc. (SEZL โ NASDAQ)
Timeframe: 30-Min Chart
Pattern: Breakout from ascending triangle
๐ผ Trade Plan โ Long Position
โ Entry: $47.40 (confirmed breakout + momentum candle)
๐ Stop-Loss: $45.00 (below breakout base and structure support)
๐ฏ Take Profit Targets:
TP1: $50.53 โ Resistance from prior supply zone
TP2: $54.30 โ Measured move breakout target
TP3: $56.00 โ Extended profit zone
โ๏ธ Risk-Reward Calculation
Risk per Share: $2.40
Reward to TP2: $6.90
R:R Ratio: ~1 : 2.9 โ Very favorable
๐ Technical Highlights
Strong volume on breakout confirms strength
Ascending triangle is a classic bullish continuation pattern
Price closed above all key resistance levels
Healthy consolidation followed by breakout = momentum entry
Ticker: Sezzle Inc. (SEZL โ NASDAQ)
Timeframe: 30-Min Chart
Pattern: Breakout from ascending triangle
๐ผ Trade Plan โ Long Position
โ Entry: $47.40 (confirmed breakout + momentum candle)
๐ Stop-Loss: $45.00 (below breakout base and structure support)
๐ฏ Take Profit Targets:
TP1: $50.53 โ Resistance from prior supply zone
TP2: $54.30 โ Measured move breakout target
TP3: $56.00 โ Extended profit zone
โ๏ธ Risk-Reward Calculation
Risk per Share: $2.40
Reward to TP2: $6.90
R:R Ratio: ~1 : 2.9 โ Very favorable
๐ Technical Highlights
Strong volume on breakout confirms strength
Ascending triangle is a classic bullish continuation pattern
Price closed above all key resistance levels
Healthy consolidation followed by breakout = momentum entry
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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.