Ticker: NTAP (NASDAQ: NTAP)
Strategy: Swing Trade / Position Trade
Timeframe: Daily & 4H
📈 Trade Idea: LONG
Entry: $115.91 (Breakout confirmation above recent resistance)
Stop Loss: $107.91 (Below support and 20-period SMA)
Take Profit: $131.38 (Measured move + R:R = 1:2)
Risk/Reward Ratio: 1:2
🎯 Technical Justification:
Trend: Strong bullish alignment across Daily, 4H, and 1H timeframes.
Breakout: Price has cleared key resistance with increasing volume, signaling continuation.
Indicators:
RSI in bullish zone (not overbought)
MACD positive and above signal line
Price trading above all major SMAs (20, 50)
Stop Loss: Placed $8 below entry to avoid normal volatility while protecting capital.
📊 Fundamental Support:
Strong net income growth 🚀
Healthy debt management ✅
Fair valuation relative to earnings growth 📊
⚖️ Risk Management:
Position size based on risk ≤ 2% of portfolio
No emotional exits – trust the plan
Disclaimer: Not financial advice. Do your own research and manage risk.
Strategy: Swing Trade / Position Trade
Timeframe: Daily & 4H
📈 Trade Idea: LONG
Entry: $115.91 (Breakout confirmation above recent resistance)
Stop Loss: $107.91 (Below support and 20-period SMA)
Take Profit: $131.38 (Measured move + R:R = 1:2)
Risk/Reward Ratio: 1:2
🎯 Technical Justification:
Trend: Strong bullish alignment across Daily, 4H, and 1H timeframes.
Breakout: Price has cleared key resistance with increasing volume, signaling continuation.
Indicators:
RSI in bullish zone (not overbought)
MACD positive and above signal line
Price trading above all major SMAs (20, 50)
Stop Loss: Placed $8 below entry to avoid normal volatility while protecting capital.
📊 Fundamental Support:
Strong net income growth 🚀
Healthy debt management ✅
Fair valuation relative to earnings growth 📊
⚖️ Risk Management:
Position size based on risk ≤ 2% of portfolio
No emotional exits – trust the plan
Disclaimer: Not financial advice. Do your own research and manage risk.
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.
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.