$TRUMP Long Trade Setup – Strong Uptrend with Caution Near Resistance
TRUMP is currently trading around $15.82, up over 19%, showing strong bullish momentum backed by rising volume.
Simple Trade Plan:
Buy Range: $15.60 – $15.90
Target 1: $16.20
Target 2: $16.70
Final Target: $17.20
Stop-Loss: Below $15.10 (to protect capital)
The price is above short-term moving averages (MA-5, MA-14, MA-21), and the On-Balance Volume (OBV) is rising, confirming buying pressure.
Stochastic Oscillator is neutral (K 51.39), giving room for more upside, but RSI levels are nearing overbought (62–66 range), so watch for signs of exhaustion near $16.50–$17.00.
Tip: Look for confirmation with volume holding steady above $15.60 before entering. Adjust stop-loss if the price breaks $16.50 with strong momentum.
