Long $ALPACA Trading Plan
Timeframe: 1H (Short-term strategy)
Hashtags: #NTC #NTCcapital
🔹 Entry Zone (Buy-in):
Option 1 (Pullback entry): Wait for a retracement to the support zone around $0.80 – $0.90.
Option 2 (Breakout entry): If price holds above $1.00 – $1.05, consider entering on confirmation of support.
🔹 Stop-Loss (Risk Management):
Place SL below key support or recent swing low — around $0.75.
🔹 Take-Profit Targets:
TP1: $1.20
TP2: $1.35 (recent top)
TP3: Open target — trail stop if breakout continues above $1.35.
🔹 Risk Management:
Use 2-5% of total capital for this trade.
Consider scaling in with partial orders across the entry zone.
🔹 Technical Confirmation:
Watch RSI: if extremely overbought (>80), be cautious.
Confirm with high and sustained volume to support the uptrend.
Note: ALPACA just experienced a parabolic move — expect volatility and manage your position carefully.