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.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.