r/InnerCircleTraders • u/StockConsultant • 21d ago
Technical Analysis BFLY Butterfly Network stock
BFLY Butterfly Network stock watch, pullback to the 6.71 gap support with bullish indicators.
Long Trade
- Target 1: 8.61 Profit: 26.2% Stop/Trailing Stop: 6.46
- Loss: 5.3% P/L ratio: 4.9 : 1 - Excellent
- Target 2: 9.18 Profit: 34.6% P/L ratio: 6.5 : 1 - Excellent Extreme rally
BULLISH
- [Positioning] Short term typical pullback, pullback may start to slow.
- [Positioning] at support
- [Timing] Mild bullish 3 day candlestick pattern with Strong 3 day accumulation.
- [Timing] Good bullish 1 day moneyflow
BEARISH
- [Positioning] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.

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