$EXOD position buildingIf it holds, solid flip of support and EMA bands (including 200d), we see higher!
Still weary of PA potentially taking out supports below. If this happens, adding position.
EXOD trade ideas
7/2/25 - $exod - A buy probs but non obvi yet7/2/25 :: VROCKSTAR :: AMEX:EXOD
A buy probs but non obvi yet
- solid 20s+ % top line growth
- excellent EBITDA mgns in the 30s and growing
- mid 20s PE "good", esp when you back out the 200 mm or so they have in BTC and net cash... that puts you closer to high teens... "great" actually
- but stock not catching a bid in this euphoria
- perhaps this one is just not as well known
- stock "should" work as a catchup to beta should btc continue to run, but if we undergo a dip here and this is a weaker link (they "did" just miss recent results)... i'd probably make this a small spot to do more work
- keep it on your radar, probs a buy here <$30... but i'd love to own it in the mid to low $20s if/do we get there
V
Stock Analysis: EXOD (Exodus Movement Inc.) – 30-Min Chart!📊
🚀 Setup Type: Bullish Breakout – Symmetrical Triangle + Momentum Build-Up
✅ Trade Plan: Long Position
🔔 Entry & Exit Plan
✅ Entry Zone: Above $49.27 (Breakout Confirmation)
🛡️ Stop-Loss (SL): Below $44.60 (Trendline/Support Zone)
🎯 Take Profit Targets (TPs):
📌 TP1: $56.33 – Key Resistance / Supply Zone
📌 TP2: $65.49 – Major Resistance & Potential Measured Move
📊 Risk-Reward Breakdown
🔻 Risk: $49.27 – $44.60 = $4.67
📈 Reward to TP1: $56.33 – $49.27 = $7.06 → 1:1.5 R/R
📈 Reward to TP2: $65.49 – $49.27 = $16.22 → 1:3.4 R/R
✅ Clean breakout setup with strong potential reward!
🔍 Technical Analysis & Strategy
📌 Symmetrical Triangle Breakout: Price is attempting to break above converging trendlines
📌 Previous Resistance at $49.27: Needs a strong candle close to flip into support
📌 High Volume Area: Confirmation needed with volume above $49.50
📌 Momentum Structure: Higher lows forming, indicating bullish pressure
🛠️ Trade Execution Strategy
✔ Wait for Breakout Candle: 30-min candle close above $49.27 with volume
✔ Move SL to Break-even: Once price hits TP1
✔ Partial Profit Booking:
▫️ 50% at TP1 ($56.33)
▫️ Let remaining ride toward TP2 ($65.49)
✔ Trail Stop-Loss: Lock in gains as price moves in favor
⚠️ Risk Factors
❌ Fake Breakout: Rejection at upper trendline without volume
❌ Market Sentiment: Watch overall market volatility or news affecting tech/crypto sectors
🚀 Final Thoughts from ProfittoPath
✔ Bullish continuation pattern with potential breakout
✔ Multiple confluences – triangle support, volume, and trendline break
✔ Strong reward potential up to 1:3.4 R/R
💡 Plan the trade. Trade the plan. Manage the risk.
🔗 #EXOD #TradingSetup #BreakoutAnalysis #ProfittoPath #StockTrading #TradingView
Will Exodus Movement EXOD outperform Coinbase? I reckon. Boy do I feel lucky to have been included in the Exodus ICO prior to the NYSE listing!
I still feel there is much more room to run in this cycle.
