AMKR – 30-Min Short Trade Setup!📉 🔻
🔹 Asset: Amkor Technology, Inc. (AMKR – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Rising Wedge Breakdown + Retest Rejection
📊 Trade Plan (Short Position)
✅ Entry Zone: Below $14.90 (Confirmed Breakdown)
✅ Stop-Loss (SL): Above $15.74 (White resistance zone)
🎯 Take Profit Targets:
📌 TP1: $14.00 (psychological level + previous support)
📌 TP2: $13.69 (breakdown structure)
📌 TP3: $12.48 (major support level)
📐 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$15.74 - $14.90 = $0.84 risk per share
📈 Reward to TP2:
$14.90 - $13.69 = $1.21 → R/R = 1:1.44
📈 Reward to TP3:
$14.90 - $12.48 = $2.42 → R/R = 1:2.88
🔍 Technical Analysis & Strategy
📌 Rising Wedge Breakdown: Bearish structure broken with weak bounce back
📌 Trendline Retest Rejected: Price failed to reclaim wedge support
📌 Bearish Volume Confirmation: No strong buying after breakdown
📌 Downside Open: Clear path toward lower support levels
📉 Trade Execution & Risk Management
📊 Entry Confirmation: Weak price action below $14.90
📉 Trailing Stop Strategy: Move SL to breakeven after TP1 hits
💰 Partial Profit Booking:
✔ Book 50% profits at $13.69
✔ Let rest ride to $12.48
✔ Adjust SL to entry after TP1
⚠️ Setup Invalidation
❌ Price reclaims and closes above $15.74
❌ Strong bullish reversal candle with high volume
❌ Sustained consolidation above yellow zone
🚨 Final Thoughts
✔ Clean bearish wedge pattern with trendline break
✔ Ideal for momentum traders seeking continuation plays
✔ Excellent R/R for disciplined risk managers
💡 Stick to the setup, don’t chase, manage your trade like a pro.
🔗 #AMKR #NASDAQ #BearishSetup #ProfittoPath #StockTrading #ShortSetup #RisingWedge #TechnicalAnalysis #TradingPlan #RiskReward
