Nauticus Robotics, Inc. (KITT) - Long Setup | 15M Chart
The stock appears to be forming an up trend channel with HH and HL
The stock bounced off demand with increasing volume, confirming buyer strength.
Trade Plan:
Entry: ~$1.68
Stop Loss: $1.34 (Below the demand zone & invalidation level)
Take Profit Targets: $2.66 (RRR 4:1)
"It’s not whether you’re right or wrong that’s important, but how much you make when you’re right and how much you lose when you’re wrong." – George Soros
Manage risk: Stick to the plan and use stop losses effectively.
Disclaimer:
This is for educational purposes only and not financial advice. Always conduct your own analysis and manage risk accordingly before trading.
