$IWM Breakout Confirmed

CS_Tradess
07-24

Check out this $iShares Russell 2000 ETF(IWM)$ chart that i posted yesterday (image #1 below)

*Note the top zone at 221.17 that was yesterdays target for calls 🎯

Now check out todays trade we took on IWM (image #2)

*Note how that same 221.17 resistance zone that was yesterday’s target became today’s breakout zone for more calls!

Simple right? Anyone can do this! You just need to simply your approach a little and know what to look for 🤙

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Kicked off the day with another 100% trade on IWM 🙏

Here’s exactly what we saw to get us into this awesome trade ⬇️

Bullish EMA cross (13 over 48) ✅

Break & Base over 200 EMA ✅

Breakout over major resistance ✅

These are great signals when scanning for a position on calls 🤙

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Be cautious if you are trading IWM this afternoon . There’s definitely some issues with the options pricing and movement!

https://x.com/cs_tradess/status/1815774610971042237

$IWM: Summer Surge to $300?
The Russell 2000 Index ($IWM) has been a focal point of discussion among traders and analysts, with a variety of perspectives on its recent performance and future prospects. TOM LEE JUST PREDICTED $IWM WILL HIT $300 BY THE END OF SUMMER. ---------- Will you trade IWM? What's your target price?
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