@ICMakesTrades

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Avg. Quality

74

Success Rate

26.00

Analysis

50
Correct
13
Fail
20
Pending
16
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
OPEN
Long Entry 4.6850 2025-08-27 02:13 UTC
Target 6.0000 In 1 Weeks Fail 3.9200
Risk/Reward 1 : 2
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Final PnL
28.07%
P/L:
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OPEN
Correct
Stocks
Technical
1H
Analysis Predict Bull Market
The analysis focuses on OPEN, identifying a cup and handle pattern on the daily chart. The stock experienced high volatility due to retail investor interest, a short squeeze, and AI excitement. After a descending period post-IPO, volume has increased significantly, exceeding previous levels, suggesting high buyer interest. The $5 psychological level has been a tough resistance point. The stock moved from around $0.50 to about $5 in two weeks, an 800% increase. There's potential for a handle formation, followed by a breakout. Resistance is around $5.87. Short-term, the target is $6, contingent on breaking the $5.04 level. Long term, the stock has a lot of room to run if it breaks the resistance, but a small pullback is also expected.
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