HROW is breaking a resistance

🧱 1. Pattern Identification: "Double or Triple Bottom"

🔍 At the bottom of the chart (March – May 2025), we can spot a double/triple bottom pattern.

This pattern forms when the price hits a low area multiple times without breaking lower. It suggests the price is struggling to fall further and might be ready to move upward.

🔧 It’s considered a bullish reversal pattern, meaning the downtrend could be ending, and a trend change to the upside may be starting.


💵 2. Buy Zone ("Buy price")

✅ Once the price breaks above the blue line (previous resistance), it triggers a "Buy price" signal.

This breakout shows that buyers are gaining control, and it can be a good point to enter the trade.


📈 3. Profit Targets (TP1 and TP2)
The analysis sets two potential take-profit levels:

TP1: +17% – A first target where traders might consider taking partial profits.

TP2: +30% – A second, more ambitious target if the rally continues strong.

These are marked in blue and represent areas where the price might slow down or reverse.


🛑 4. Stop Loss (SL 13%)

🛡️ The Stop Loss (SL) is set at a level with a 13% risk.
This acts as a safety net — if the price drops to this point, the trade is closed to limit losses.


📦 5. High Volume Zone

📊 On the right, there’s a colored bar chart (yellow and blue) called a Volume Profile.

It shows at which price levels the most trading activity happened.

🔸 The area marked as "High volume zone" indicates strong interest and could act as a future resistance level.


✅ Quick Summary

• A triple bottom has formed — a pattern that often leads to a price increase.
  
• A breakout above resistance triggered a buy signal.
  
• Two profit targets are set at +17% and +30%.
  
• A 13% stop loss helps manage risk.
  
• A high-volume area might act as resistance or a pause point for the price.