📈 🟢
Ticker: ThredUp Inc. (NASDAQ: TDUP)
Chart: 30-Min Timeframe
Pattern: Ascending triangle breakout continuation
🔹 Entry: $4.44 (breakout above horizontal resistance + trendline support)
🔹 Stop-Loss: $4.17 (below ascending support)
🔹 Take Profits:
TP1: $4.69 – Resistance zone
TP2: $4.96 – Measured move breakout target
⚖️ Risk-Reward Calculation:
– Risk/Share: $0.27
– Reward to TP2: $0.52
– R:R Ratio: ~1:1.9 ✅
🧠 Technical Highlights:
– Bullish breakout from a tight ascending triangle
– Clean structure with higher lows and breakout candle
– Volume increase confirms buyer interest at breakout level
Ticker: ThredUp Inc. (NASDAQ: TDUP)
Chart: 30-Min Timeframe
Pattern: Ascending triangle breakout continuation
🔹 Entry: $4.44 (breakout above horizontal resistance + trendline support)
🔹 Stop-Loss: $4.17 (below ascending support)
🔹 Take Profits:
TP1: $4.69 – Resistance zone
TP2: $4.96 – Measured move breakout target
⚖️ Risk-Reward Calculation:
– Risk/Share: $0.27
– Reward to TP2: $0.52
– R:R Ratio: ~1:1.9 ✅
🧠 Technical Highlights:
– Bullish breakout from a tight ascending triangle
– Clean structure with higher lows and breakout candle
– Volume increase confirms buyer interest at breakout level
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.