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WOLF potential buy setup

Long
Wolfspeed, Inc. (BATS:WOLF)  
TradeWithParas  
BATS:WOLF   Wolfspeed, Inc.
Support and Resistance Multiple Time Frame Analysis Head and Shoulders wolfspeed nyse stockpicks
2
0
supportandresistance mtfa headandshoulders wolfspeed nyse stockpicks
Reasons for bullish bias:
- Inverse Head & Shoulder formation
- Entry at neckline breakout
- Strong bullish divergence on weekly plus daily
- Price is at weekly support
- Insider buying

Here are the recommended trading levels:
Entry Level(Buy Stop): 30.97
Stop Loss Level: 23.46
Take Profit Level 1: 38.48
Take Profit Level 2: 45.99
Take Profit Level 3: Open

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WOLF weekly view
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