Description:
Dutch Bros Inc. (BROS) is trading around 53.14, close to a strong support zone at 50.8. Price has been consolidating after a strong downtrend, and it is currently near the lower Bollinger Band, suggesting oversold conditions.
Trade Plan:
• Entry Zone: 52.5 – 53.5
• Stop Loss: 50.8 (below recent support)
• Target 1: 57.5
• Target 2: 62.3
• Target 3: 64.2
Rationale:
• Support zone holding at 50.8.
• Oversold signals near the Bollinger Band lower boundary.
• Potential for rebound if volume increases.
• MACD still bearish, but any bullish crossover could confirm a reversal.
This setup favors a medium-term rebound as long as price holds above support.
Dutch Bros Inc. (BROS) is trading around 53.14, close to a strong support zone at 50.8. Price has been consolidating after a strong downtrend, and it is currently near the lower Bollinger Band, suggesting oversold conditions.
Trade Plan:
• Entry Zone: 52.5 – 53.5
• Stop Loss: 50.8 (below recent support)
• Target 1: 57.5
• Target 2: 62.3
• Target 3: 64.2
Rationale:
• Support zone holding at 50.8.
• Oversold signals near the Bollinger Band lower boundary.
• Potential for rebound if volume increases.
• MACD still bearish, but any bullish crossover could confirm a reversal.
This setup favors a medium-term rebound as long as price holds above support.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.