GMAB at a Critical Confluence Zone – Potential Breakout or Reversal?
GMAB has shown strong recovery momentum since its April 7th, 2025, low. The price is currently testing a significant confluence area formed by a descending trendline and the Fib 38.2% support level.
If price action holds above this zone, there is potential for a continuation move toward the Fib 61.8% level, which would represent an estimated upside of around 28%.
My Trade Plan:
Initial entry at the current market cap.
Second entry after a confirmed breakout above this confluence zone.
As always, apply proper risk management—trade cautiously and according to your strategy.
🔹 Like, comment, and follow for more trade ideas.
🔹 Let’s connect here on TradingView.
GMAB has shown strong recovery momentum since its April 7th, 2025, low. The price is currently testing a significant confluence area formed by a descending trendline and the Fib 38.2% support level.
If price action holds above this zone, there is potential for a continuation move toward the Fib 61.8% level, which would represent an estimated upside of around 28%.
My Trade Plan:
Initial entry at the current market cap.
Second entry after a confirmed breakout above this confluence zone.
As always, apply proper risk management—trade cautiously and according to your strategy.
🔹 Like, comment, and follow for more trade ideas.
🔹 Let’s connect here on TradingView.
ノート
Playing out
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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。