📉 🔴
Ticker: TRUP (Trupanion, Inc., NASDAQ: TRUP)
Chart: 30-Minute Timeframe
Pattern: Rising wedge + triangle breakdown near resistance
🔻 Entry: $44.84 (breakdown below ascending support and triangle)
🔻 Stop-Loss: $46.86 (above wedge resistance + upper triangle trendline)
🔻 Take Profits:
• TP1: $42.40 – Key support / structure zone
• TP2: $39.70 – Gap support / measured move target
⚖️ Risk-Reward:
• Risk/Share: $2.02
• Reward to TP2: $5.14
• R:R Ratio: ~1:2.5 ✅
🧠 Technical Highlights:
– Rising wedge forming after strong gap up
– Symmetrical triangle forming lower highs
– Breakdown below yellow zone with momentum
– Room to fall toward earlier consolidation levels
Ticker: TRUP (Trupanion, Inc., NASDAQ: TRUP)
Chart: 30-Minute Timeframe
Pattern: Rising wedge + triangle breakdown near resistance
🔻 Entry: $44.84 (breakdown below ascending support and triangle)
🔻 Stop-Loss: $46.86 (above wedge resistance + upper triangle trendline)
🔻 Take Profits:
• TP1: $42.40 – Key support / structure zone
• TP2: $39.70 – Gap support / measured move target
⚖️ Risk-Reward:
• Risk/Share: $2.02
• Reward to TP2: $5.14
• R:R Ratio: ~1:2.5 ✅
🧠 Technical Highlights:
– Rising wedge forming after strong gap up
– Symmetrical triangle forming lower highs
– Breakdown below yellow zone with momentum
– Room to fall toward earlier consolidation levels
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.
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.