BHC – Long Trade Setup !

📈 🟢
Ticker: Bausch Health Companies Inc. (NYSE: BHC)
Chart: 30-Min Timeframe
Pattern: Ascending triangle breakout

🔹 Entry: $5.42 (breakout above trendline and consolidation)
🔹 Stop-Loss: $5.23 (below ascending trendline and support)
🔹 Take Profits:
  TP1: $5.66 – Previous resistance level
  TP2: $5.95 – Measured move / breakout target

⚖️ Risk-Reward Calculation:
– Risk per Share: $0.19
– Reward to TP2: $0.53
– R:R Ratio: ~1:2.8 ✅

🧠 Technical Highlights:
– Ascending triangle breakout formation with tight price action
– Clean reclaim of resistance around $5.42
– Volume building near breakout zone