📈 🟢
🔹 Asset: American Superconductor Corp. (AMSC – NASDAQ)
🔹 Timeframe: 15-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout + Rising Support
📊 Trade Plan – Long Position
✅ Entry Zone: $18.01 (Breakout + trendline confluence)
✅ Stop-Loss (SL): $17.14 (Below ascending trendline + prior low)
🎯 Take Profit Targets:
📌 TP1: $19.16 – Local resistance
📌 TP2: $20.39 – Major resistance zone
📐 Risk-Reward Calculation
🟥 Risk: $0.87/share
🟩 Reward to TP2: $2.38/share
📊 R/R Ratio: ~1 : 2.7 – High reward with tight risk
🔍 Technical Highlights
📌 Breakout from coiled price action ✔
📌 Higher lows forming ascending structure ✔
📌 Strong wick rejection from trendline support ✔
📌 Momentum building after low-volume consolidation
📉 Risk Management Strategy
🔁 SL to breakeven post TP1
💰 Take partial profits at TP1
🚀 Hold remaining to TP2 with trend
⚠️ Setup Invalidation If:
❌ Breakdown below $17.14
❌ Fails to close above yellow zone
❌ Reversal with increasing volume
🚨 Final Thoughts
✔ Clean technical breakout with momentum potential
✔ Perfect fit for short-term swing traders
✔ Compact stop, spacious upside — classic ProfittoPath quality
🔗 #AMSC #BreakoutTrade #NASDAQStocks #ProfittoPath #TechnicalSetup #SwingTrade #VolumeConfirmation #ChartAnalysis #RiskReward #MomentumPlay
🔹 Asset: American Superconductor Corp. (AMSC – NASDAQ)
🔹 Timeframe: 15-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout + Rising Support
📊 Trade Plan – Long Position
✅ Entry Zone: $18.01 (Breakout + trendline confluence)
✅ Stop-Loss (SL): $17.14 (Below ascending trendline + prior low)
🎯 Take Profit Targets:
📌 TP1: $19.16 – Local resistance
📌 TP2: $20.39 – Major resistance zone
📐 Risk-Reward Calculation
🟥 Risk: $0.87/share
🟩 Reward to TP2: $2.38/share
📊 R/R Ratio: ~1 : 2.7 – High reward with tight risk
🔍 Technical Highlights
📌 Breakout from coiled price action ✔
📌 Higher lows forming ascending structure ✔
📌 Strong wick rejection from trendline support ✔
📌 Momentum building after low-volume consolidation
📉 Risk Management Strategy
🔁 SL to breakeven post TP1
💰 Take partial profits at TP1
🚀 Hold remaining to TP2 with trend
⚠️ Setup Invalidation If:
❌ Breakdown below $17.14
❌ Fails to close above yellow zone
❌ Reversal with increasing volume
🚨 Final Thoughts
✔ Clean technical breakout with momentum potential
✔ Perfect fit for short-term swing traders
✔ Compact stop, spacious upside — classic ProfittoPath quality
🔗 #AMSC #BreakoutTrade #NASDAQStocks #ProfittoPath #TechnicalSetup #SwingTrade #VolumeConfirmation #ChartAnalysis #RiskReward #MomentumPlay
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.