📈 🟢
🔹 Asset: Schrodinger, Inc. (SDGR – NASDAQ)
🔹 Chart Pattern: Symmetrical Triangle Breakout + Retest
🔹 Timeframe: 30-Minute
📊 Trade Plan – Long Position
✅ Entry Zone: $25.74 (Breakout from triangle + reclaim of yellow zone)
✅ Stop-Loss (SL): $24.50 (Below recent support + structure)
🎯 Take Profit Targets:
📌 TP1: $26.85 – Prior resistance & supply zone
📌 TP2: $28.30 – Major resistance near swing high
📐 Risk-Reward Calculation
🟥 Risk per share: $1.24
🟩 Reward to TP2: $2.56
📊 R/R Ratio: ~1 : 2.06 – Favorable setup with strong upside
🔍 Technical Highlights
✅ Tight triangle structure → breakout near apex
✅ Retest candle forming support at reclaim zone
✅ Clean trendline bounces with volume near breakout
✅ Higher lows = bullish momentum buildup
📉 Risk Management Strategy
🔁 Move SL to breakeven once TP1 is hit
💰 Lock partial profits at $26.85
🚀 Ride remainder toward $28.30 with trailing stop
🚨 Setup Invalidation If:
❌ Price closes under $24.50
❌ Fails to hold breakout zone after retest
❌ Weak volume or rejection under $26.50 resistance
🔹 Asset: Schrodinger, Inc. (SDGR – NASDAQ)
🔹 Chart Pattern: Symmetrical Triangle Breakout + Retest
🔹 Timeframe: 30-Minute
📊 Trade Plan – Long Position
✅ Entry Zone: $25.74 (Breakout from triangle + reclaim of yellow zone)
✅ Stop-Loss (SL): $24.50 (Below recent support + structure)
🎯 Take Profit Targets:
📌 TP1: $26.85 – Prior resistance & supply zone
📌 TP2: $28.30 – Major resistance near swing high
📐 Risk-Reward Calculation
🟥 Risk per share: $1.24
🟩 Reward to TP2: $2.56
📊 R/R Ratio: ~1 : 2.06 – Favorable setup with strong upside
🔍 Technical Highlights
✅ Tight triangle structure → breakout near apex
✅ Retest candle forming support at reclaim zone
✅ Clean trendline bounces with volume near breakout
✅ Higher lows = bullish momentum buildup
📉 Risk Management Strategy
🔁 Move SL to breakeven once TP1 is hit
💰 Lock partial profits at $26.85
🚀 Ride remainder toward $28.30 with trailing stop
🚨 Setup Invalidation If:
❌ Price closes under $24.50
❌ Fails to hold breakout zone after retest
❌ Weak volume or rejection under $26.50 resistance
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.