CPA Copa Holdings (CPA) is breaking out of a long-term descending triangle and clearing the Ichimoku Cloud with strong volume. This double breakout signals a potential trend reversal and momentum surge.Trade Setup:
Entry: $101.12 (current)
Stop Loss: $95
Target: $124
Risk–Reward: ~1:3.8
Clean structure, volume confirmation, and Ichimoku alignment make this setup one to watch. Targeting $124 over the next few weeks if breakout holds.
#CPA #Breakout #DescendingTriangle #IchimokuCloud #SwingTrade #TechnicalSetup
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