FirstEnergy (FE) is displaying a cup & handle formation on the daily chart, with resistance sitting at the $44.90–45.00 zone. Price is consolidating right below this neckline, preparing for a potential breakout.
A breakout above this level could unlock significant upside momentum with measured move targets aligning higher.
🔑 Trade Plan:
Entry Trigger: Daily close above $45.00 (cup & handle breakout).
Profit Targets:
Target 1: $46.50 (+3%)
Target 2: $49.50 (+13%)
Extended Target: $51.00+ (if momentum continues).
Stop-Loss: Below $43.50 (to avoid false breakout risk).
📊 FE has been building a strong bullish base. If resistance breaks, the setup favors continuation toward new highs. But rejection at $45 could mean extended consolidation before another attempt.
Not financial advice. No responsibility for any actions taken.
A breakout above this level could unlock significant upside momentum with measured move targets aligning higher.
🔑 Trade Plan:
Entry Trigger: Daily close above $45.00 (cup & handle breakout).
Profit Targets:
Target 1: $46.50 (+3%)
Target 2: $49.50 (+13%)
Extended Target: $51.00+ (if momentum continues).
Stop-Loss: Below $43.50 (to avoid false breakout risk).
📊 FE has been building a strong bullish base. If resistance breaks, the setup favors continuation toward new highs. But rejection at $45 could mean extended consolidation before another attempt.
Not financial advice. No responsibility for any actions taken.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。