TLT: Strong Buy in My Radar List - Feb. 26
Technical Analysis (TA) & Price Action
TLT (iShares 20+ Year Treasury Bond ETF) has been steadily climbing, breaking through key resistance levels and forming an ascending trendline on the 1-hour chart. The price action suggests continued bullish momentum with a breakout above $91 and potential for further upside.
Key observations:
* Trend Structure: TLT is in a clear uptrend, forming higher highs and higher lows.
* Support & Resistance:
* Major Resistance: $92.50 (PUT resistance) and $93.50 (2nd PUT Wall)
* Key Support: $91 (current breakout level), followed by $90
* Stronger Support Zones: $88 - $87.79
* MACD Indicator: Showing bullish momentum, with signals aligning for continuation.
* Stoch RSI: Slightly overbought but still has room for further upside before a pullback.
Options Flow & GEX Analysis
The GEX (Gamma Exposure) indicator highlights a strong call concentration at $91, indicating a potential gamma squeeze if price holds above this level.
* IVR (Implied Volatility Rank): 39.6, with IVx avg at 15.9%, signaling moderate volatility.
* Call Side Bias: 17.9% of options flow, supporting a bullish breakout scenario.
* Key GEX Levels:
* CALL Wall Resistance: $92 → Breaking this level could push toward $93.50.
* PUT Support Zone: $88 - $87 → A breakdown could trigger downward momentum.
Trade Plan & Suggestions
📌 Bullish Trade Setup (Preferred Play)
* Entry: Above $91 with confirmation (sustained hold above resistance).
* Target 1: $92.50
* Target 2: $93.50 (2nd PUT Wall)
* Stop-loss: Below $90
📌 Bearish Alternative (Hedge Play)
* Entry: Below $90 with volume breakdown.
* Target: $88 → $87
* Stop-loss: Above $91
Final Thoughts
TLT is in a strong bullish structure and could see further upside if it holds above $91. Options data suggests a gamma squeeze toward $92-$93.50, but failure to sustain $90 could bring a retracement. Keep an eye on volume confirmation before taking positions.
📢 Risk Management: Adjust position sizes and stop-loss levels according to your risk tolerance.
🔹 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk accordingly before trading.
TLT (iShares 20+ Year Treasury Bond ETF) has been steadily climbing, breaking through key resistance levels and forming an ascending trendline on the 1-hour chart. The price action suggests continued bullish momentum with a breakout above $91 and potential for further upside.
Key observations:
* Trend Structure: TLT is in a clear uptrend, forming higher highs and higher lows.
* Support & Resistance:
* Major Resistance: $92.50 (PUT resistance) and $93.50 (2nd PUT Wall)
* Key Support: $91 (current breakout level), followed by $90
* Stronger Support Zones: $88 - $87.79
* MACD Indicator: Showing bullish momentum, with signals aligning for continuation.
* Stoch RSI: Slightly overbought but still has room for further upside before a pullback.
Options Flow & GEX Analysis
The GEX (Gamma Exposure) indicator highlights a strong call concentration at $91, indicating a potential gamma squeeze if price holds above this level.
* IVR (Implied Volatility Rank): 39.6, with IVx avg at 15.9%, signaling moderate volatility.
* Call Side Bias: 17.9% of options flow, supporting a bullish breakout scenario.
* Key GEX Levels:
* CALL Wall Resistance: $92 → Breaking this level could push toward $93.50.
* PUT Support Zone: $88 - $87 → A breakdown could trigger downward momentum.
Trade Plan & Suggestions
📌 Bullish Trade Setup (Preferred Play)
* Entry: Above $91 with confirmation (sustained hold above resistance).
* Target 1: $92.50
* Target 2: $93.50 (2nd PUT Wall)
* Stop-loss: Below $90
📌 Bearish Alternative (Hedge Play)
* Entry: Below $90 with volume breakdown.
* Target: $88 → $87
* Stop-loss: Above $91
Final Thoughts
TLT is in a strong bullish structure and could see further upside if it holds above $91. Options data suggests a gamma squeeze toward $92-$93.50, but failure to sustain $90 could bring a retracement. Keep an eye on volume confirmation before taking positions.
📢 Risk Management: Adjust position sizes and stop-loss levels according to your risk tolerance.
🔹 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and manage risk accordingly before trading.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.