@ICMakesTrades
YouTube
Avg. Quality
72
Success Rate
41.70
Analysis
283
Correct
118
Fail
153
Pending
9
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
IWM
Long Entry
252.7400
2026-01-06
07:08 UTC
Target
254.8100
In 11 Hours
Fail
248.3400
Risk/Reward
1 : 0
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Final PnL
0.82%
P/L: —
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The analysis focuses on RITCH, highlighting its potential for a breakout after consolidating within a descending wedge pattern. The stock has shown signs of accumulating momentum, with bulls aiming to push the price towards the resistance levels of $4.108 and potentially $4.710. The failure bound is set below the current support at $3.55. The broader market context is also discussed with IWM showing signs of a potential upward trend continuation after forming a double bottom and showing strong bullish momentum.