Duolingo (DUOL) – Long Setup Idea

Ticker: NASDAQ:DUOL
Entry level: $530.50
Stop: $502.00

📊 Setup Rationale
• Post earning consolidation on 10MA
• Tight consolidation between $500–530 with decreasing volume – signs of institutional accumulation
• High ADR (~$17) confirms strong potential for sharp moves
• Earnings winner and sector leader in EdTech
• Breakout over $530.94 (day high) confirms the trigger, but still low volume – needs follow-through

🛑 Risk Management
• Stop at $502, just below the tight consolidation zone
• Risk per share: $27.73
• R-multiple target:
• 1R: $557.46
• 2R: $585.19
• 3R: $612.92

🔔 Next Levels to Watch
• Reclaim $530.94 with volume for breakout confirmation
• Watch for a push through $540–550 range to show strength
• Alert set at $524 for reevaluation if weakness persists

DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such. Risk Management is Your Shield! Always prioritise risk management. It’s your best defence against losses.