@ICMakesTrades
YouTube
Avg. Quality
72
Success Rate
42.66
Analysis
293
Correct
125
Fail
157
Pending
9
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
SPY
Long Entry
713.9800
2026-04-26
23:57 UTC
Target
725.0000
Fail
703.8700
Risk/Reward
1 : 1
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The analysis focuses on WEBL's potential upward movement. After a significant drop, WEBL shows signs of a reversal, forming a bullish pennant pattern on the hourly chart. The price is currently testing resistance around $6.84 - $6.90. A breakout above this level, supported by increased volume, could lead to a target of $9.0. The failure bound for this trade is set below the recent support at $6.52. The S&P 500 (SPY) is also showing strength, rallying significantly and testing resistance levels around $714.47, with potential to move towards $725 if resistance is broken. The fail bound for SPY is seen below $703.87. Both assets are exhibiting bullish momentum.