Week 3 Trendlines Idea 1: MEBL Line Chart Analysis

The chart depicts a bullish trend marked by consistent higher highs and higher lows, indicative of potential upward momentum.
Trade Plan:
Entry Price/Buy Limit: 205.86
Stop Loss: 194.40
Lot Size: 87

Take Profit Targets (TP):
TP1: 217.32 with Risk-Reward Ratio (RR) 1%
TP2: 228.78 with RR 2%