It's a time for WEBULL - 30 % POTENTIAL PROFIT, 20 USD

756
The stock is currently consolidating around the 14.3–14.5 USD area after a previous corrective move down. The 14 USD zone is acting as strong support, where buyers have stepped in to stop further declines. The next resistance level is at 15.5 USD, and a breakout above this point could trigger a return to an upward trend. The RSI indicator shows weakening selling pressure and suggests the possibility of a rebound. The price structure resembles an inverted head and shoulders pattern, which, if confirmed with a breakout, would signal greater upside potential. If the stock holds above support and moves past 15.5 USD, it could first target the 17–18 USD range, and in the following weeks potentially reach as high as 20 USD.

Potential TP: 20 USD


This analysis is for informational and educational purposes only and does not constitute financial advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.