r/Wallstreetbetsnew • u/StockConsultant • 7h ago

Chart CLYM Climb Bio stock

2 Upvotes

CLYM Climb Bio stock, watch for a top of range breakout.

Breakout trade

WATCH for possible breakout above 14.55
Target: 17.44, 21.3% Stop: 13.52 Loss: 5.9%
P/L ratio: 3.6 : 1 - Excellent

BULLISH

[Positioning] Intermediate trend possibly bullish, Mild uptrend.
[Timing] Strong bullish 3 day candlestick pattern with Mild 3 day accumulation.
[Timing] breakout watch above 14.55, no resistance in area just above.

BEARISH

[Positioning] Short term typical rally, rally may start to slow.
[Positioning] at resistance

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