IIIV Bullish Continuationi3 Verticals, Inc.BATS:IIIVbellaSoussaTimeframe: 1 Day (1D) Idea Type: Long (Bullish Continuation) The Setup: Symmetrical Triangle Consolidation The price action for IIIV is currently showing a period of tight consolidation, forming a well-defined Symmetrical Triangle (or coil) pattern on the daily chart, marked by swing points A-B-C-D. This pattern represents a period of balance between buyers and sellers following a preceding uptrend. Crucially, the price is holding above the short-term Exponential Moving Averages (EMA 10/20, visible in red/yellow), which are acting as dynamic support and maintaining the underlying bullish structure. A breakout from this pattern is typically a continuation of the prior trend. The Trade Plan: Long Entry Confirmation This idea anticipates a bullish breakout from the triangle pattern. Entry Trigger: A confirmed daily close or strong intraday break above the upper descending trendline and the resistance point (C), set at $32.54. Stop Loss (S/L): Placed below the low of the final contraction (point D) and beneath the key EMA supports, providing a cushion against false breakouts. S/L Price: $31.15 Take Profit (T/P): Calculated using the standard Symmetrical Triangle target projection (measuring the height of the base of the triangle and projecting it from the breakout point). T/P Price: $35.67 Risk Management: The established setup offers a favorable Risk/Reward ratio (visually estimated at over 2:1), making it a high-probability target for the next leg up. Traders should monitor volume to confirm the strength of the breakout. Fundamental Context: i3 Verticals (IIIV) has demonstrated strong year-over-year performance, with technical indicators supporting a continuation of the momentum. This technical setup aligns with a long-term bullish outlook for the stock.