CRDF (NASDAQ) - 30-Min Chart Long Trade Setup !🚀
🔍 Stock: CRDF (NASDAQ)
⏳ Timeframe: 30-Min Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry Zone: Above $4.40 - $4.45 (Breakout Confirmation)
🟢 Take Profit 1 (TP1): $4.58 (First Resistance Target)
🟢 Take Profit 2 (TP2): $4.82 (Extended Bullish Target)
🚀 Stop-Loss (SL): Below $4.21 (Key Support)
📊 Risk-Reward Ratio: Favorable for a bullish continuation 🚀
🔹 Technical Analysis & Setup:
✅ Pattern: Falling Wedge Breakout 📈
✅ Breakout Confirmation Needed: Sustained price above $4.40 with volume increase
✅ Support & Resistance Levels:
$4.37 - $4.40 (Breakout Zone)
$4.58 (First Major Resistance)
$4.82 (Extended Target for strong momentum)
✅ Momentum Shift Expected: A breakout above $4.40 could trigger an upside rally 🚀
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Look for increasing buying volume above $4.40 📈
📈 Trailing Stop Strategy: Once price reaches TP1 ($4.58), adjust SL higher to secure profits 🛑
💰 Partial Profit Booking: Take partial profits at $4.58 and let the rest ride toward $4.82+ 💵
⚠️ Fake Breakout Risk: If the price fails to hold above $4.40, reconsider entry ❌
🚀 Final Thoughts:
✅ Bullish Breakout Potential – High probability of continuation higher 📈
✅ Momentum Shift Possible – A move above $4.58 could accelerate upside 🚀
✅ Strong Risk-Reward Setup – SL at $4.21, TP at $4.58 - $4.82 for optimal gains
📊 Trade Smart & Stick to the Plan! 🏆🔥
🔗 #LongTrade #StockTrading #CRDF #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath 🚀📈
