Trade Summary 📝
Setup: Channel squeeze at multi-week support; volatility contracting.
Entry: Entering at market (current price ~$56.34), bottom of channel.
Stop‑loss: $55.50 (tight stop under structure).
Targets: $62 (channel top), $70+ (gap area), $85.27 (analyst 1-year target).
Risk/Reward: Strong; defined risk, multi-level upside.
Technical Rationale 🔍
Channel base tested several times; buyers defending $56 area.
Compression pattern—price “coiling,” often leads to explosive moves.
Momentum trigger: Break above $60 could attract breakout buyers and short cover.
Catalysts & Context 🚦
Analyst 1-year target: $85.27 (+51%), “Buy” rating.
Recent market pullback has GMED holding steady—showing relative strength.
Watching for sector rotation into healthcare/medtech.
Trade Management Plan 📈
Entry: Executing at market, stop at $55.50.
Stop-loss: Hard stop at $55.50 to minimize risk.
Scaling: First target $62 (channel top), then $70+. Hold a runner for $85.27 if breakout has legs.
What’s your move on GMED?
🔼 Long—Bottom fishing
🔽 Short—Breakdown risk
🔄 Waiting for $60+ breakout
Disclaimer ⚠️: Not financial advice. Trade at your own risk and use stops!
Setup: Channel squeeze at multi-week support; volatility contracting.
Entry: Entering at market (current price ~$56.34), bottom of channel.
Stop‑loss: $55.50 (tight stop under structure).
Targets: $62 (channel top), $70+ (gap area), $85.27 (analyst 1-year target).
Risk/Reward: Strong; defined risk, multi-level upside.
Technical Rationale 🔍
Channel base tested several times; buyers defending $56 area.
Compression pattern—price “coiling,” often leads to explosive moves.
Momentum trigger: Break above $60 could attract breakout buyers and short cover.
Catalysts & Context 🚦
Analyst 1-year target: $85.27 (+51%), “Buy” rating.
Recent market pullback has GMED holding steady—showing relative strength.
Watching for sector rotation into healthcare/medtech.
Trade Management Plan 📈
Entry: Executing at market, stop at $55.50.
Stop-loss: Hard stop at $55.50 to minimize risk.
Scaling: First target $62 (channel top), then $70+. Hold a runner for $85.27 if breakout has legs.
What’s your move on GMED?
🔼 Long—Bottom fishing
🔽 Short—Breakdown risk
🔄 Waiting for $60+ breakout
Disclaimer ⚠️: Not financial advice. Trade at your own risk and use stops!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。