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
EXOD trade ideas
Stock Analysis: EXOD (Exodus Movement Inc.) โ 30-Min Chart!๐
๐ Setup Type: Bullish Breakout โ Symmetrical Triangle + Momentum Build-Up
โ
Trade Plan: Long Position
๐ Entry & Exit Plan
โ
Entry Zone: Above $49.27 (Breakout Confirmation)
๐ก๏ธ Stop-Loss (SL): Below $44.60 (Trendline/Support Zone)
๐ฏ Take Profit Targets (TPs):
๐ TP1: $56.33 โ Key Resistance / Supply Zone
๐ TP2: $65.49 โ Major Resistance & Potential Measured Move
๐ Risk-Reward Breakdown
๐ป Risk: $49.27 โ $44.60 = $4.67
๐ Reward to TP1: $56.33 โ $49.27 = $7.06 โ 1:1.5 R/R
๐ Reward to TP2: $65.49 โ $49.27 = $16.22 โ 1:3.4 R/R
โ
Clean breakout setup with strong potential reward!
๐ Technical Analysis & Strategy
๐ Symmetrical Triangle Breakout: Price is attempting to break above converging trendlines
๐ Previous Resistance at $49.27: Needs a strong candle close to flip into support
๐ High Volume Area: Confirmation needed with volume above $49.50
๐ Momentum Structure: Higher lows forming, indicating bullish pressure
๐ ๏ธ Trade Execution Strategy
โ Wait for Breakout Candle: 30-min candle close above $49.27 with volume
โ Move SL to Break-even: Once price hits TP1
โ Partial Profit Booking:
โโซ๏ธ 50% at TP1 ($56.33)
โโซ๏ธ Let remaining ride toward TP2 ($65.49)
โ Trail Stop-Loss: Lock in gains as price moves in favor
โ ๏ธ Risk Factors
โ Fake Breakout: Rejection at upper trendline without volume
โ Market Sentiment: Watch overall market volatility or news affecting tech/crypto sectors
๐ Final Thoughts from ProfittoPath
โ Bullish continuation pattern with potential breakout
โ Multiple confluences โ triangle support, volume, and trendline break
โ Strong reward potential up to 1:3.4 R/R
๐ก Plan the trade. Trade the plan. Manage the risk.
๐ #EXOD #TradingSetup #BreakoutAnalysis #ProfittoPath #StockTrading #TradingView