The flagGood day please see chart for key level and visual representation of the flag
📌 Hypothetical Strategy
✅ Momentum Entry (Bullish Breakout of Flag):
Condition :Detail
Trigger :Close above $30.50 with bullish candle and volume and clears possible flip zone
Stop Below $29.50
Target 1 $31.50
Target 2 $32.27 (key resistance)
✅ Value Entry (Pullback to 200 EMA / Flag Support):
Condition :Detail
Trigger :Pullback to $29.60–$29.70 (200 EMA zone)
Entry :On bullish candle (engulfing, hammer) and clears possible flip zone
Stop Below $29.40
Target $30.50–$31.50
✅ Bearish Setup (Flag Failure):
Condition :Detail
Entry :If price breaks below $29.40 and breaks strong below 200 EMA
Stop Above $30.00
Target $28.00 → $26.96
🎯 Hypothetical Strategy (Final Rule):
🔥 The best trade is a momentum breakout long if price closes above $30.50 with volume and clears possible flip zone.
Second best = value bounce from 200 EMA ($29.60) and proceeds to clear possible flip zone
Only short if flag fails and $29.40 breaks and proceeds to break below 200 EMA.
