📈 🟢
🔹 Asset: Beam Therapeutics Inc. (BEAM – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Ascending Triangle Breakout + Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $17.00 (Breakout confirmation at triangle apex)
✅ Stop-Loss (SL): $15.75 (Below trendline + recent support)
🎯 Take Profit Targets:
📌 TP1: $19.10 – Previous resistance zone
📌 TP2: $21.52 – Gap-fill / major resistance
📐 Risk-Reward Calculation
🟥 Risk: $1.25/share
🟩 Reward to TP2: $4.52/share
📊 R/R Ratio: ~1 : 3.6 – Solid swing setup
🔍 Technical Highlights
📌 Strong ascending triangle formation ✔
📌 Volume picking up at breakout zone ✔
📌 Resistance squeeze at $17 forming pressure ✔
📌 Bullish structure: higher lows + base holding ✔
📉 Risk Management Strategy
🔁 Move SL to breakeven at TP1
💰 Lock partial gains at TP1
🚀 Ride the rest to TP2
🚨 Setup Invalidation If:
❌ Price closes below $15.75
❌ False breakout without volume
❌ Breakdown below ascending trendline
🔗 #BEAM #TriangleBreakout #SwingTrade #NASDAQ #ProfittoPath #ChartPattern #SmartMoney #VolumeSpike #RiskReward #TechnicalSetup
🔹 Asset: Beam Therapeutics Inc. (BEAM – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Ascending Triangle Breakout + Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $17.00 (Breakout confirmation at triangle apex)
✅ Stop-Loss (SL): $15.75 (Below trendline + recent support)
🎯 Take Profit Targets:
📌 TP1: $19.10 – Previous resistance zone
📌 TP2: $21.52 – Gap-fill / major resistance
📐 Risk-Reward Calculation
🟥 Risk: $1.25/share
🟩 Reward to TP2: $4.52/share
📊 R/R Ratio: ~1 : 3.6 – Solid swing setup
🔍 Technical Highlights
📌 Strong ascending triangle formation ✔
📌 Volume picking up at breakout zone ✔
📌 Resistance squeeze at $17 forming pressure ✔
📌 Bullish structure: higher lows + base holding ✔
📉 Risk Management Strategy
🔁 Move SL to breakeven at TP1
💰 Lock partial gains at TP1
🚀 Ride the rest to TP2
🚨 Setup Invalidation If:
❌ Price closes below $15.75
❌ False breakout without volume
❌ Breakdown below ascending trendline
🔗 #BEAM #TriangleBreakout #SwingTrade #NASDAQ #ProfittoPath #ChartPattern #SmartMoney #VolumeSpike #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.