Rationale & Thesis
This is a technical short trade on Bloom Energy (BE), based on a clear rejection of a key resistance level. The thesis is that the upward momentum has exhausted itself, and the price is now positioned to move toward a significant support zone. This trade aims to capture the downward movement from this confirmed high, following the path of a new downward trend.
he recent price action of BE shows that the stock's rally has met a critical barrier. The price has surged to a major resistance trendline and has been firmly rejected. This rejection is clearly marked by the red arrow on the chart, indicating a high-probability reversal as sellers regain control.
Trade Idea:
Entry Signal: The short position is initiated at the price level of the red arrow, following the validation of resistance.
Exit Strategy: The primary profit target is set at the green support line, located at approximately $56.37.
This is a technical short trade on Bloom Energy (BE), based on a clear rejection of a key resistance level. The thesis is that the upward momentum has exhausted itself, and the price is now positioned to move toward a significant support zone. This trade aims to capture the downward movement from this confirmed high, following the path of a new downward trend.
he recent price action of BE shows that the stock's rally has met a critical barrier. The price has surged to a major resistance trendline and has been firmly rejected. This rejection is clearly marked by the red arrow on the chart, indicating a high-probability reversal as sellers regain control.
Trade Idea:
Entry Signal: The short position is initiated at the price level of the red arrow, following the validation of resistance.
Exit Strategy: The primary profit target is set at the green support line, located at approximately $56.37.
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Please join for more trade Ideas.
GoldenTraders: discord.gg/nrCvUT8yzt
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
GoldenTraders is a premier trading community dedicated to helping you navigate the complexities of the financial markets with confidence and clarity.
Please join for more trade Ideas.
GoldenTraders: discord.gg/nrCvUT8yzt
Please join for more trade Ideas.
GoldenTraders: discord.gg/nrCvUT8yzt
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。