BUY VAL Valaris Limited Blue Sky Breakout (daily) strength 90%
2026-08-14 · entry ≈ 88.84 · stop 79.96 (10.0% risk) · LIVE / provisional
Setup conditions
✓Overbought extension over trend MA 30% over 200dma (>=25%)
✓Tangled in the MAs 32d
✓Worst pullback close vs trend MA -1.9% (kill if >5% below)
✓Closes below the trend MA 5
✓Trigger: close above all 3 MAs
Strength boosters
✓Held within 2% of the trend MA (respected it)
☐Bobbled between the MAs (proved S/R)
target(prior high) 114.12; initial stop = 10% below entry; trailing (below 2nd MA once extended) = exit layer