SentinelOne (S) shows a bullish setup on the 4-hour chart. The stock has recently broken above a downtrend line and is now testing previous resistance around $22. The price action displays higher lows and higher highs, indicating a potential trend reversal. A green uptrend line supports the recent price action, and the stock has crossed above both the 50 and 200-period moving averages. The breakout is accompanied by increased volume, suggesting genuine buying interest. Key resistance levels are visible at $21.95 and $22.21, with support at $19.70 and $19.33. The entry is placed at the current price level, with a stop below the recent swing low and uptrend line. The profit target is set near the next significant resistance level. The risk-reward ratio is favorable, and the overall technical picture supports a bullish bias.
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