XFOR Symmetrical Triangle Breakout Setup- Potential Upside Move.XFOR is forming a symmetrical triangle pattern on the 30-minute timeframe, signaling a potential breakout. The price is consolidating near the apex, and a breakout above the resistance level at $0.7587 could trigger an upside move toward $0.8757.
Entry: $0.70 (Breakout confirmation)
Stop Loss (SL): $0.6224 (Below key support)
Target 1 (T1): $0.7587 (Initial resistance)
Target 2 (T2): $0.8757 (Major resistance)
Watch for increased volume on the breakout to confirm momentum. Manage risk with a tight stop loss and monitor the triangle's support and resistance for invalidation or confirmation.
XFOR trade ideas
XFOR - 140% UPSIDE- Triangle breakout
- buy pullbacks dips
- Tipranks Analyst rating $22 median price target
- The FDA has designated Rare Pediatric Disease status to X4 Pharmaceuticals (XFOR -2.4%) for its lead asset, mavorixafor, for the treatment of WHIM (Warts, Hypogammaglobulinemia, Infections, and Myelokathexis), a rare inherited, immunodeficiency disease caused by genetic mutations in the CXCR4 receptor gene (Vandana Singh, SA)