Stock Analysis: HFFG (HF Foods Group Inc.) – 30-Min Chart!📊
🚀 Setup Type: Bullish Pennant Breakout – Consolidation After Trend Rally
✅ Trade Plan: Long Position
🔔 Entry & Exit Plan
✅ Entry Zone: Above $3.52 (Breakout Confirmation from Pennant)
🛡️ Stop-Loss (SL): Below $3.13 (Trendline + Base of Structure)
🎯 Take Profit Targets:
📌 TP1: $4.00 – Psychological Resistance & Supply Zone
📌 TP2: $4.57 – Major Resistance & Full Pennant Projection
📊 Risk-Reward Breakdown
🔻 Risk: $3.52 – $3.13 = $0.39
📈 Reward to TP1: $4.00 – $3.52 = $0.48 → 1:1.2 R/R
📈 Reward to TP2: $4.57 – $3.52 = $1.05 → 1:2.7 R/R
✅ Bullish continuation with ideal consolidation before breakout.
🔍 Technical Breakdown
📌 Bullish Pennant Pattern: Formed after a strong upward trend
📌 Tight Consolidation: Breakout above the pennant signals bullish continuation
📌 Strong Volume Spike: Look for high volume on breakout to confirm move
📌 Trendline Support: Clear ascending structure holding higher lows
🛠️ Trade Execution Strategy
✔ Wait for Breakout Candle: 30-min candle close above $3.52
✔ SL to Break-even: After TP1 hit, shift SL to $3.52
✔ Partial Booking Strategy:
▫️ Book 50% at TP1 ($4.00)
▫️ Let remaining run toward TP2 ($4.57)
✔ Monitor Volume & Price Action near key zones
⚠️ Risk Considerations
❌ Fake Breakout Risk: Watch for rejection at pennant top
❌ Low Volume Breakout: Lack of momentum may invalidate setup
🚀 Final Thoughts from ProfittoPath
✔ Strong bullish structure with healthy consolidation
✔ Clear risk/reward levels and trade management path
✔ Excellent breakout candidate if volume aligns
💡 Stay patient, wait for confirmation, and manage risk with discipline.
🔗 #HFFG #ChartSetup #PennantBreakout #ProfittoPath #StockAnalysis #TradingView
