Technical analysis by ProfittoPath about Symbol GNO: Buy recommendation (5/17/2025)

🔍 ✅ Trade Type: Long (Bullish)🔰 Entry Zone:Price is breaking a falling wedge pattern near $131.88, confirmed by:Bullish breakout from downtrend line (white line).Support bounce near the yellow horizontal line (~$130.00).🛑 Stop-Loss (SL):$129.68Below the recent support — logical invalidation level.🎯 Take-Profit (TP) Levels:TP1: $135.65 (red line – previous resistance)TP2: $139.09 (green line – major horizontal resistance)📊 Risk-to-Reward Ratio:Excellent — roughly 1:3 R:R, depending on entry precision.🔄 Technical Highlights:Falling wedge (bullish reversal pattern) is breaking out.Multiple rejection wicks at the bottom support line (accumulation sign).Potential reversal from oversold conditions.