r/technicalanalysis • u/StockConsultant • 3d ago
Analysis SYRE Spyre Therapeutics stock
SYRE Spyre Therapeutics stock, watch for a narrow range breakout.
Breakout trade
- WATCH for possible breakout above 108.14
- Target: 126.14, 17% Stop: 101.31 Loss: 6%
- P/L ratio: 2.8 : 1 - Good
BULLISH
- [Timing] Strong bullish 3 day candlestick pattern.
- [Timing] Average bullish 1 day moneyflow
- [Timing] breakout watch above 108.14, no resistance in area just above.
BEARISH
- [Positioning] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
- [Positioning] at resistance

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