📈 🟢
🔹 Asset: PowerFleet, Inc. (AIOT – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Breakout + Retest at Supply Zone
📊 Trade Plan – Long Bias
✅ Entry Zone: Around $5.09 (breakout + retest confirmation)
✅ Stop-Loss (SL): $4.72 (below structure + trendline)
🎯 Take Profit Targets:
📌 TP1: $5.66 – Previous resistance zone
📌 TP2: $6.37 – Major supply / upper structure
📐 Risk-Reward Analysis
🟥 Risk: $5.09 - $4.72 = $0.37/share
🟩 Reward to TP2: $6.37 - $5.09 = $1.28/share
📊 R/R Ratio: ~1 : 3.5+ → Excellent potential
🔍 Technical Breakdown
📌 Trendline breakout with bullish candle ✔
📌 Volume increasing with price push ✔
📌 Structure retest near yellow resistance zone ✔
📌 Higher low + clean continuation signal 🔼
📉 Risk Management Plan
🔁 Move SL to breakeven after TP1
💰 Book partial profits at TP1
📈 Let remainder ride to TP2
🧠 Discipline over emotion — follow structure
⚠️ Setup Invalidation If:
❌ Closes below $4.72
❌ Reversal with high-volume bearish engulfing
❌ Rejection from red zone without follow-through
💬 Final Thoughts
✔ Strong breakout from consolidation range
✔ Beautiful R/R with clear invalidation
✔ Patience is key — let the levels do the work
🔗 #AIOT #PowerFleet #BreakoutTrade #StockAnalysis #ProfittoPath #ChartSetup #BullishMomentum #RiskReward #SmartTrading
🔹 Asset: PowerFleet, Inc. (AIOT – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Breakout + Retest at Supply Zone
📊 Trade Plan – Long Bias
✅ Entry Zone: Around $5.09 (breakout + retest confirmation)
✅ Stop-Loss (SL): $4.72 (below structure + trendline)
🎯 Take Profit Targets:
📌 TP1: $5.66 – Previous resistance zone
📌 TP2: $6.37 – Major supply / upper structure
📐 Risk-Reward Analysis
🟥 Risk: $5.09 - $4.72 = $0.37/share
🟩 Reward to TP2: $6.37 - $5.09 = $1.28/share
📊 R/R Ratio: ~1 : 3.5+ → Excellent potential
🔍 Technical Breakdown
📌 Trendline breakout with bullish candle ✔
📌 Volume increasing with price push ✔
📌 Structure retest near yellow resistance zone ✔
📌 Higher low + clean continuation signal 🔼
📉 Risk Management Plan
🔁 Move SL to breakeven after TP1
💰 Book partial profits at TP1
📈 Let remainder ride to TP2
🧠 Discipline over emotion — follow structure
⚠️ Setup Invalidation If:
❌ Closes below $4.72
❌ Reversal with high-volume bearish engulfing
❌ Rejection from red zone without follow-through
💬 Final Thoughts
✔ Strong breakout from consolidation range
✔ Beautiful R/R with clear invalidation
✔ Patience is key — let the levels do the work
🔗 #AIOT #PowerFleet #BreakoutTrade #StockAnalysis #ProfittoPath #ChartSetup #BullishMomentum #RiskReward #SmartTrading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.