$TRUMP
Technical Summary:
Current Price: $13.25
Recent Low Bounce: $12.02
MACD: Turning bullish — suggests a shift toward upward momentum.
Volume: Increasing — often a confirming indicator for price movement.
Trade Plan (Long Bias):
Entry Zone: $13.20 – $13.40
Targets:
TP1: $13.90
TP2: $14.40
TP3: $15.10
Stop-Loss: Below $12.80
Key Resistance: $13.50+ — clearing this with strength could trigger further upside.
Assessment: This is a classic momentum breakout play, looking to ride strength as the price pushes through resistance. As always, ensure your position size matches your risk tolerance, especially with volatile or low-float stocks like $TRUMP might be.