Stock Analysis: TPG (TPG Inc.) – 30-Min Chart📊
🚀 Setup Type: Bullish Breakout (Trendline Break + Momentum Shift)
✅ Trade Plan (Long Position)
✅ Entry Zone: Above $49.83 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $49.10 (Support Level)
🎯 Take Profit Targets (TPs)
📌 TP1: $50.80 (Previous Resistance Zone)
📌 TP2: $51.82 (Breakout Target & Major Resistance)
📌 TP3: $53.00+ (Extended Upside Potential)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$49.83 - $49.10 = $0.73 risk per trade
📈 Reward to TP1:
$50.80 - $49.83 = $0.97 (1:1.3 R/R)
📈 Reward to TP2:
$51.82 - $49.83 = $1.99 (1:2.7 R/R)
📈 Reward to TP3:
$53.00 - $49.83 = $3.17 (1:4.3 R/R)
✅ Favorable risk-reward ratio with strong breakout potential!
🔍 Technical Analysis & Strategy
📌 Trendline Breakout: Price has broken above a descending trendline, signaling bullish momentum.
📌 Key Resistance Flip: Reclaiming $50.80 strengthens the setup.
📌 Volume Confirmation: High buying pressure above $49.83 confirms strength.
📌 Momentum Shift: Bullish structure forming higher highs and higher lows.
📈 Trade Execution & Risk Management
✔ Wait for Confirmation: A 30-min candle close above $49.83 strengthens the breakout.
✔ Adjust Stop-Loss: Move SL to break-even ($49.83) after hitting TP1 ($50.80).
✔ Partial Profit Booking Strategy:
✔ Take 50% profits at TP1 ($50.80) and let the rest run toward TP2 & TP3.
✔ Adjust Stop-Loss to Break-even ($49.83) after TP1 is reached.
⚠️ Risks & Considerations ❌ Fake Breakout Risk: If the price falls back below $49.83, exit early.
❌ Market Conditions: Ensure volume supports the breakout.
🚀 Final Thoughts ✔ Bullish Setup – Strong upside potential.
✔ Trendline Break + Momentum Shift – High confluence setup.
✔ Favorable Risk-Reward Ratio – 1:4.3 toward TP3.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 #TPG #Stocks #Breakout #TradingView #ProfittoPath 💰📊
