$HOME Cooling Off After the Breakout Buyers Still Hold the Edge
$HOME is digesting a strong impulsive rally after breaking above previous resistance. The current pullback looks like healthy profit-taking rather than a trend reversal, and as long as the breakout zone holds, the next leg higher remains in play.
I am using this trade plan: Long
Entry: 0.01040 – 0.01060
Stop Loss: 0.00985
Target 1: 0.01120
Target 2: 0.01180
Target 3: 0.01260
The recent dip is testing the breakout area after an aggressive expansion. If buyers defend this support and volume returns, momentum could quickly resume toward fresh highs while the overall bullish structure stays intact.
#MoodysAssignsSKHynixFirstARating #USIranDealOrNoDeal
$HOME is digesting a strong impulsive rally after breaking above previous resistance. The current pullback looks like healthy profit-taking rather than a trend reversal, and as long as the breakout zone holds, the next leg higher remains in play.
I am using this trade plan: Long
Entry: 0.01040 – 0.01060
Stop Loss: 0.00985
Target 1: 0.01120
Target 2: 0.01180
Target 3: 0.01260
The recent dip is testing the breakout area after an aggressive expansion. If buyers defend this support and volume returns, momentum could quickly resume toward fresh highs while the overall bullish structure stays intact.
#MoodysAssignsSKHynixFirstARating #USIranDealOrNoDeal