Astera Labs (
ALAB) just delivered a clean technical breakout above multi-week resistance, paired with bullish confirmation from momentum and Ichimoku structure. This isn’t a hype trade — this is what a textbook continuation breakout looks like.
📊 Key Technical Breakdown
Base Breakout
After weeks of tight consolidation,ALAB just broke above horizontal resistance at ~$95. The breakout candle is strong, with above-average range and a decisive close.
Ichimoku Cloud
Price is well above the cloud — this confirms bullish trend.
The Kijun (black line) is sloping upward, and the cloud is thick and rising.
Pullbacks toward $88–90 could act as support if the breakout retests.
MACD Reversal
The MACD has flipped green, signaling a momentum shift.
Histogram is expanding upward again, showing renewed buying pressure.
This is happening as price reclaims the top of the recent range — a great alignment.
🎯 Trade Specs
Entry: $97.02
Target: $133.25 (+37.34%)
Stop: $85.32 (–11.51%)
Risk/Reward: 3.24 — solid skew for a growth name
Context: Strong prior trend, healthy consolidation, and now continuation. This isn’t a bottom-pick — it’s trend-following at a breakout moment.
🧠 Why This Trade Works
Structure: You’re not chasing green candles. This breakout comes after a long base and clears prior congestion.
Asymmetry: A 3.2+ R/R setup means you can be wrong more than half the time and still come out ahead — if you stick to your stops.
Momentum Alignment: Momentum and price are moving together — never fade a breakout with confirmation from both price action and indicators.
📌 Tip for Readers:
If you’re new to swing trading, study how this base formed and what conditions led to the breakout. The goal isn’t prediction — it’s positioning at the right moments with risk defined.
ALAB) just delivered a clean technical breakout above multi-week resistance, paired with bullish confirmation from momentum and Ichimoku structure. This isn’t a hype trade — this is what a textbook continuation breakout looks like.📊 Key Technical Breakdown
Base Breakout
After weeks of tight consolidation,
ALAB just broke above horizontal resistance at ~$95. The breakout candle is strong, with above-average range and a decisive close.Ichimoku Cloud
Price is well above the cloud — this confirms bullish trend.
The Kijun (black line) is sloping upward, and the cloud is thick and rising.
Pullbacks toward $88–90 could act as support if the breakout retests.
MACD Reversal
The MACD has flipped green, signaling a momentum shift.
Histogram is expanding upward again, showing renewed buying pressure.
This is happening as price reclaims the top of the recent range — a great alignment.
🎯 Trade Specs
Entry: $97.02
Target: $133.25 (+37.34%)
Stop: $85.32 (–11.51%)
Risk/Reward: 3.24 — solid skew for a growth name
Context: Strong prior trend, healthy consolidation, and now continuation. This isn’t a bottom-pick — it’s trend-following at a breakout moment.
🧠 Why This Trade Works
Structure: You’re not chasing green candles. This breakout comes after a long base and clears prior congestion.
Asymmetry: A 3.2+ R/R setup means you can be wrong more than half the time and still come out ahead — if you stick to your stops.
Momentum Alignment: Momentum and price are moving together — never fade a breakout with confirmation from both price action and indicators.
📌 Tip for Readers:
If you’re new to swing trading, study how this base formed and what conditions led to the breakout. The goal isn’t prediction — it’s positioning at the right moments with risk defined.
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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.
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
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.