Aug. 3 at 2:18 PM
$NAVN Navan stock, nice rally off recent support, watch for a top of range breakout at https://stockconsultant.com/?NAVN
Breakout trade
WATCH for possible breakout above 27.95
Target: 31.92, 14.6% Stop: 26.53 Loss: 4.8%
P/L ratio: 3 : 1 - Good
BULLISH
[Timing] Strong bullish 3 day candlestick pattern.
[Timing] Average bullish 1 day moneyflow
[Timing] breakout watch above 27.95, no resistance in area just above.
BEARISH
[Positioning] 1 Day Price change strong up, may pause
[Positioning] Short term strong rally, rally may start to slow.
[Positioning] Overbought, odds favor short trades.
[Positioning] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
[Positioning] at resistance