STOK (NASDAQ) - 30-Min Chart Trade Setup Breakdown ! ๐
๐ Stock: STOK (NASDAQ)
โณ Timeframe: 30-Min Chart
๐ Setup Type: Bullish Breakout
๐ Trade Plan:
โ
Entry Zone: Above $12.60 - $12.70 (Breakout Confirmation)
๐ Take Profit 1 (TP1): $13.32 (First Resistance)
๐ Take Profit 2 (TP2): $14.21 (Extended Bullish Target)
๐ป Stop-Loss (SL): Below $11.94 (Key Support)
๐ Risk-Reward Ratio: Favorable for a bullish continuation ๐
๐น Technical Analysis & Setup:
โ
Pattern: Rising Wedge Breakout ๐
โ
Breakout Confirmation Needed: Price holding above $12.60 with volume support
โ
Resistance Zones:
$13.32 - $13.50: First Major Resistance
$14.21: Extended Target for strong momentum
โ
Momentum Shift Expected: A breakout could trigger a strong uptrend ๐
๐ฅ Trade Strategy & Refinements:
๐ Volume Confirmation: Look for increasing buying volume above $12.60 ๐
๐ Trailing Stop Strategy: Once price reaches TP1 ($13.32), adjust SL higher to secure profits ๐
๐ฐ Partial Profit Booking: Take partial profits at $13.32 and let the rest ride toward $14.21+ ๐ต
โ ๏ธ Fake Breakout Risk: If price drops back below $12.60, reconsider entry โ
๐ Final Thoughts:
โ
Bullish Breakout Confirmed โ High probability of continuation higher ๐
โ
Momentum Shift Possible โ A move above $13.32 could accelerate the upside ๐
โ
Strong Risk-Reward Setup โ SL at $11.94, TP at $13.32 - $14.21 for optimal gains
๐ Trade Smart & Stick to the Plan! ๐๐ฅ
๐ #LongTrade #StockTrading #STOK #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath ๐๐
STOK trade ideas
Dark Pools Accumulating Biotech: STOKDark Pools are accumulating some biotechnology stocks for mutual funds and ETFs based on this new technology. HFTs are chasing this accumulation.
NASDAQ:STOK is now near the price when more professional traders are likely to swing trade. It has a very high Percentage of Shares Held by Institutions and the bottom is completed. It may be a potential candidate for a watchlist for this industry, IF the industry fits your needs for short-term trading or long-term investing. It may also turn into a position trade if platforms develop.
This is a Weekly Chart so all the history of recent price is visible. The peaks of bounces upward within the downtrend are where the stock may stall and go sideways as it moves up.
STOK - long - catalyst playStoke Therapeutics Inc is engaged in addressing the underlying causes of severe diseases by upregulating protein expression with RNA-based medicines. Using its proprietary TANGO (Targeted Augmentation of Nuclear Gene Output) approach, it is developing antisense oligonucleotides (ASOs) to selectively restore protein levels. The company primarily operates in the U.S.
This is not a financial advice!
2 upcoming catalysts on 31st of March and a few more in 2024
We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work.
6.0 needs to get broken - big resistance - SMA 200
Keep an eye on 7.0 level, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains.
SL under 5.0
TP approx. 9.0
Most info on the chart.
Trade carefully!
Alert for Insider SellHi,
I would like to be able to create an alert based on Headlines for a stock.
When I click on the Headlines for a stock I can see news from mtnewswires like this inside TradingView:
www.tradingview.com
However, I cannot create an alert for an Insider Sell for example.
I want to be able to create an alert in TradingView so that every time an Insider Sell happens for a stock or group of stocks I get an alert.
Thanks.
STOK, Aroon Indicator entered an Uptrend on January 21, 2021.Over the last three days, Tickeron's A.I.dvisor has detected that STOK's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron's A.I.dvisor backtested this indicator and found 98 similar cases, 90 of which were successful. Based on this data, the odds of success are 90%. Current price $66.70 is above $61.16 the highest resistance line found by Tickeron A.I. Throughout the month of 12/17/20 - 01/21/21, the price experienced a +13% Uptrend. During the week of 01/13/21 - 01/21/21, the stock enjoyed a +16% Uptrend growth.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 14, 2021. You may want to consider a long position or call options on STOK as a result. Tickeron A.I. detected that in 25 of 27 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 90%.
The Moving Average Convergence Divergence (MACD) for STOK just turned positive on January 15, 2021. Looking at past instances where STOK's MACD turned positive, the stock continued to rise, Tickeron A.I. shows that in 16 of 17 cases over the following month. The odds of a continued upward trend are 90%.
Following a +6.87% 3-day Advance, the price is estimated to grow further. Considering data from situations where STOK advanced for three days, in 91 of 100 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 90 of 98 cases where STOK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.