📈 🟢
🔹 Asset: American Superconductor Corp. (AMSC – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout + Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $18.17 (Breakout above triangle + reclaim of yellow level)
✅ Stop-Loss (SL): $17.40 (Below structure & rising trendline)
🎯 Take Profit Targets:
📌 TP1: $18.82 – Recent resistance level
📌 TP2: $20.03 – Key supply zone
📐 Risk-Reward Calculation
🟥 Risk: $0.77/share
🟩 Reward to TP2: $1.86/share
📊 R/R Ratio: ~1 : 2.4 – Clean structure with good reward
🔍 Technical Highlights
📌 Breakout from symmetrical triangle resistance ✔
📌 Clean retest candle forming support ✔
📌 Higher lows showing bullish pressure ✔
📌 Volume building near breakout zone ✔
📉 Risk Management Strategy
🔁 Move SL to breakeven after TP1
💰 Book partial profits at TP1
🚀 Let remaining ride to TP2
🚨 Setup Invalidation If:
❌ Price closes below $17.40
❌ Weak volume confirmation
❌ Rejected sharply from $18.50–$18.80 zone
🔗
#AMSC #BreakoutTrade #SwingSetup #NASDAQ #ProfittoPath #ChartPattern #VolumeBreakout #SmartTrading #RiskReward #TechnicalSetup
🔹 Asset: American Superconductor Corp. (AMSC – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout + Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $18.17 (Breakout above triangle + reclaim of yellow level)
✅ Stop-Loss (SL): $17.40 (Below structure & rising trendline)
🎯 Take Profit Targets:
📌 TP1: $18.82 – Recent resistance level
📌 TP2: $20.03 – Key supply zone
📐 Risk-Reward Calculation
🟥 Risk: $0.77/share
🟩 Reward to TP2: $1.86/share
📊 R/R Ratio: ~1 : 2.4 – Clean structure with good reward
🔍 Technical Highlights
📌 Breakout from symmetrical triangle resistance ✔
📌 Clean retest candle forming support ✔
📌 Higher lows showing bullish pressure ✔
📌 Volume building near breakout zone ✔
📉 Risk Management Strategy
🔁 Move SL to breakeven after TP1
💰 Book partial profits at TP1
🚀 Let remaining ride to TP2
🚨 Setup Invalidation If:
❌ Price closes below $17.40
❌ Weak volume confirmation
❌ Rejected sharply from $18.50–$18.80 zone
🔗
#AMSC #BreakoutTrade #SwingSetup #NASDAQ #ProfittoPath #ChartPattern #VolumeBreakout #SmartTrading #RiskReward #TechnicalSetup
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.