Trade Setup: S
Leader Pullback Scanner entry. Price showed enough strength to trigger the setup, but the stop is extremely tight. Execution matters.
Setup
SentinelOne was identified by our Leader Pullback Scanner.
We entered at $19.54 on August 3, 2026. The trade is built around a defined risk level and requires price to hold immediately.
Why It Matters
Leader pullbacks give us a way to enter strength after a controlled reset rather than chase a stock after a sharp move.
The setup is valid only while S holds above the entry area. With a narrow stop, there is little room for normal volatility.
Current Price
$19.54 at entry.
Technical Structure
| Metric | Reading |
|---|---|
| Symbol | S |
| Company | SentinelOne |
| Strategy | Leader Pullback Scanner |
| Entry | $19.54 |
| Stop | $19.45 |
| Risk per Share | $0.09 |
| Trend | Constructive, pending follow-through |
Entry
Entry: $19.54
The position was initiated on August 3, 2026.
Stop
$19.45
This is a very tight stop, approximately 0.5% below entry. If S trades below this level, we exit without debate.
Targets
| Target | Price |
|---|---|
| Target 1 | $19.72 |
| Target 2 | $19.81 |
| Target 3 | $20.08 |
At a $19.54 entry with a $19.45 a dynamic stop, moved the stop to match the run-up.
Target 1 represents roughly 2R. Target 2 is roughly 3R. Target 3 is roughly 6R.
The targets matter only if S can hold above entry and build momentum.
Trigger
The Leader Pullback Scanner triggered the entry.
We now want to see S hold above $19.54 and continue higher without testing the stop.
Invalidation
A break below $19.45 invalidates the current trade plan.
The small stop means normal volatility could end the trade. That is acceptable. Defined risk is the point.
Status
TRIGGERED - POSITION OPEN
The entry is active. The next decision is whether S can hold its level and follow through.
Trade Plan
We entered at $19.54 with a stop at $19.45.
We will not add while the position is sitting near the stop. If S holds above entry and begins to build a constructive base, we can reassess the opportunity to add.
If price breaks the stop, we exit and move on.
What We’re Watching
We want to see:
- $19.54 hold as support
- Price move away from the stop quickly
- Constructive volume on advances
- No sharp reversal or failed breakout
- Follow-through toward $19.72 and higher
Setup Date
August 3, 2026
Disclosure
We hold a position in S based on this setup.
Disclaimer
This is not financial advice. TradeCompa publishes trading research, setups, and observations for educational purposes only. Markets involve risk. Do your own research and make decisions based on your own financial situation, objectives, and risk tolerance.
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