📈 🟢
Ticker: LENZ Therapeutics, Inc. (LENZ – NASDAQ)
Timeframe: 30-Min Chart
Pattern: Rising wedge breakout with volume push
💼 Trade Plan – Long Position
✅ Entry: $28.60 (breakout above consolidation + structure reclaim)
🛑 Stop-Loss: $27.26 (below wedge base and breakout level)
🎯 Take Profit Targets:
TP1: $30.52 – Key resistance zone
TP2: $32.52 – Extended range target / breakout continuation zone
⚖️ Risk-Reward Calculation
Risk per Share: $1.34
Reward to TP2: $3.92
R:R Ratio: ~1 : 2.9 — Strong long setup
🔍 Technical Highlights
Clean breakout of tight range wedge
Reclaim of horizontal resistance near $28
Rising trend with confirmation volume
Momentum from mid-April forming consistent higher lows
Ticker: LENZ Therapeutics, Inc. (LENZ – NASDAQ)
Timeframe: 30-Min Chart
Pattern: Rising wedge breakout with volume push
💼 Trade Plan – Long Position
✅ Entry: $28.60 (breakout above consolidation + structure reclaim)
🛑 Stop-Loss: $27.26 (below wedge base and breakout level)
🎯 Take Profit Targets:
TP1: $30.52 – Key resistance zone
TP2: $32.52 – Extended range target / breakout continuation zone
⚖️ Risk-Reward Calculation
Risk per Share: $1.34
Reward to TP2: $3.92
R:R Ratio: ~1 : 2.9 — Strong long setup
🔍 Technical Highlights
Clean breakout of tight range wedge
Reclaim of horizontal resistance near $28
Rising trend with confirmation volume
Momentum from mid-April forming consistent higher lows
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.