KYMR – Long Trade Setup !📈 🟢
Ticker: Kymera Therapeutics, Inc. (NASDAQ: KYMR)
Chart: 30-Min Timeframe
Pattern: Ascending triangle breakout continuation
🔹 Entry: $34.23 (breakout above consolidation zone)
🔹 Stop-Loss: $32.80 (below ascending trendline and support zone)
🔹 Take Profits:
TP1: $35.47 – Previous resistance
TP2: $36.92 – Measured breakout target
⚖️ Risk-Reward Calculation:
– Risk/Share: $1.43
– Reward to TP2: $2.69
– R:R Ratio: ~1:1.88 ✅
🧠 Technical Highlights:
– Clean ascending triangle with tight consolidation
– Strong breakout candle with follow-through
– Volume support on breakout shows buyer interest
KYMR trade ideas
KYMR – Long Trade Setup !📈 🟢
Ticker: Kymera Therapeutics, Inc. (KYMR – NASDAQ)
Timeframe: 30-Min Chart
Pattern: Bullish flag breakout (strong continuation)
💼 Trade Plan – Long Position
✅ Entry: $33.51 (confirmed breakout + wedge support hold)
🛑 Stop-Loss: $32.60 (below wedge + yellow support zone)
🎯 Take Profit Targets:
TP1: $34.92 – Recent supply zone
TP2: $36.68 – Measured move/extension target
⚖️ Risk-Reward Calculation
Risk per Share: $0.91
Reward to TP2: $3.17
R:R Ratio: ~1 : 3.5 — Excellent long setup
🔍 Technical Highlights
Strong bullish momentum with consolidation breakout
Rising wedge breakout confirmation
Volume holding on breakout = strength in move
Clear structure to manage stop-loss and targets
KYMR Busts Through Resistance - Waiting for PullbackKYMR just busted through the $52.94 resistance. This triggered a rev strat reversal on the quarterly chart as well as a 2-2 continuation on the monthly. I'll be waiting for a light volume pullback for long entry. Keeping position size small in this choppy market. Also not incredibly impressed with the volume today considering an almost 10% jump. We'll see what happens.