📉 🔻
Ticker: Willdan Group, Inc. (WLDN – NASDAQ)
Timeframe: 30-Min Chart
Pattern: Bearish Pennant Breakdown
💼 Trade Plan – Short Position
🚫 Entry: $37.66 (Breakdown below pennant & retest zone)
✅ Stop-Loss: $38.45 (Above structure and breakdown failure zone)
🎯 Take Profit Targets:
TP1: $36.50 – First horizontal support
TP2: $35.58 – Previous demand zone
⚖️ Risk-Reward Calculation
Risk per Share: $0.79
Reward to TP2: $2.08
R:R Ratio: ~1 : 2.6 — Solid setup
🔍 Technical Highlights
Bearish pennant formed after downtrend
Rejection at resistance + low volume bounce
Breakdown and retest aligning with bearish continuation
Ticker: Willdan Group, Inc. (WLDN – NASDAQ)
Timeframe: 30-Min Chart
Pattern: Bearish Pennant Breakdown
💼 Trade Plan – Short Position
🚫 Entry: $37.66 (Breakdown below pennant & retest zone)
✅ Stop-Loss: $38.45 (Above structure and breakdown failure zone)
🎯 Take Profit Targets:
TP1: $36.50 – First horizontal support
TP2: $35.58 – Previous demand zone
⚖️ Risk-Reward Calculation
Risk per Share: $0.79
Reward to TP2: $2.08
R:R Ratio: ~1 : 2.6 — Solid setup
🔍 Technical Highlights
Bearish pennant formed after downtrend
Rejection at resistance + low volume bounce
Breakdown and retest aligning with bearish continuation
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.