🍔 Technical Analysis: Stepn ( $GMT )
Market Capitalization: $387 million.
The GMT chart shows a weak upward trend, but the price holds levels excellently, providing opportunities to profit both inside the channel and on breakouts.
How to Trade❔
Inside the Channel:
💬 Sell at the upper channel boundary.
💬 Buy at the lower boundary.
💬 Stop-loss beyond the channel boundary.
💬 Take-profit before the opposite level.
Important: the profit/risk ratio must be favorable.
If not – reject the trade.
On Breakout❕
💬 When one of the levels breaks, open a trade in the direction of movement.
💬 Stop-loss beyond the nearest extremum.
💬 Take-profit before the next level.
💬 In these trades, the profit/risk ratio is initially very good.
Strategy:
Wherever the price goes, we always have an action plan.
The key is discipline and strict adherence to risk management rules.
📈 Open trade with $GMT
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