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📊 Trade Setup Summary:
Ticker: DOMO (NASDAQ)
Pattern: Symmetrical triangle (tight price squeeze)
Entry Zone: ~$12.67 (yellow line breakout zone)
Stop Loss: ~$11.68 (white support level)
Target Zones:
TP1: $13.86 (red resistance zone)
TP2: $15.48 (green breakout target)
Risk/Reward Ratio: Approx. 1:2.5+
Volume: Looks healthy, but confirmation on breakout candle is key
📊 Trade Setup Summary:
Ticker: DOMO (NASDAQ)
Pattern: Symmetrical triangle (tight price squeeze)
Entry Zone: ~$12.67 (yellow line breakout zone)
Stop Loss: ~$11.68 (white support level)
Target Zones:
TP1: $13.86 (red resistance zone)
TP2: $15.48 (green breakout target)
Risk/Reward Ratio: Approx. 1:2.5+
Volume: Looks healthy, but confirmation on breakout candle is key
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.