RPD: Cup-and-Handle Above 50 SMA at Resistance

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RPD: Cup-and-Handle Above 50 SMA at ResistanceRapid7 Inc.BATS:RPDKochva_💡 Swing setup idea 50 SMA Strategy 🔎 Analysis summary: The stock reached resistance while trading above the 50-day moving average. We can also see a closing of a cup-and-handle pattern. This alignment of trend, pattern and level makes the breakout area key to watch. The upside potential is projected by the depth of the cup-and-handle from the breakout point. 👀 Levels to watch: Entry trigger: Break above $13.95 Target: $22.75 Stop: Under the support 💬 Will RPD break through resistance and continue higher? Let me know in the comments! 👇 Good luck! ⚠️ Note: This is for educational purposes only and is not financial advice.