Long Trade Setup Breakdown for GRAIL, Inc. (GRAL) - 30-Min Chart📊
🔹 Asset: GRAIL, Inc. (GRAL)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Momentum Breakout
🚀 Trade Plan (Long Position):
✅ Entry Zone: $39.25 (Breakout Confirmation)
✅ Stop-Loss (SL): $38.19 (Below Support)
🎯 Take Profit Targets (Long Trade):
📌 TP1: $40.76 (First Resistance)
📌 TP2: $42.56 (Extended Bullish Target)
📊 Risk-Reward Ratio Calculation:
📈 Risk (Stop-Loss Distance):
$39.25 - $38.19 = $1.06
📈 Reward to TP1:
$40.76 - $39.25 = $1.51
💰 Risk-Reward Ratio to TP1: 1:1.4
📈 Reward to TP2:
$42.56 - $39.25 = $3.31
💰 Risk-Reward Ratio to TP2: 1:3.1
🔍 Technical Analysis & Strategy:
📌 Breakout Confirmation: Strong buying momentum above $39.25 signals continuation.
📌 Pattern Formation: Bullish momentum breakout, suggesting an uptrend continuation.
📊 Key Support & Resistance Levels:
🟢 $38.19 (Strong Support / SL Level)
🟡 $39.25 (Breakout Zone / Entry)
🔴 $40.76 (First Profit Target / Resistance)
🟢 $42.56 (Final Target for Momentum Extension)
🚀 Momentum Shift Expected:
If price sustains above $39.25, it could push towards $40.76 and $42.56.
Higher volume breakout would confirm strength in the trend.
🔥 Trade Execution & Risk Management:
📊 Volume Confirmation: Ensure buying volume remains strong after breakout.
📈 Trailing Stop Strategy: If price reaches TP1 ($40.76), move SL to entry ($39.25) to lock in profits.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $40.76, let the rest run to $42.56.
✔ Adjust Stop-Loss to Break-even ($39.25) after TP1 is hit.
⚠️ Fake Breakout Risk:
If price drops below $39.25 after breakout, be cautious and watch for a retest before re-entering.
🚀 Final Thoughts:
✔ Bullish Setup – If price holds above $39.25, higher targets are expected.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.4 to TP1, 1:3.1 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀🏆
🔗 #StockTrading #GRAL #BreakoutTrade #TechnicalAnalysis #MarketTrends #DayTrading #ProfittoPath
