SKYH โ Sky Harbour Group Corp. โ 30-Min Long Trade Setup !๐ ๐
๐น Asset: SKYH (NYSE)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bullish Flag Breakout + Volume Surge
๐ Trade Plan (Long Position)
โ
Entry Zone: Above $13.70 (breakout candle + volume confirmation)
โ
Stop-Loss (SL): Below $12.94 (support zone + previous structure low)
๐ฏ Take Profit Targets
๐ TP1: $14.75 (previous supply/resistance level)
๐ TP2: $16.02 (measured move + psychological resistance)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance):
$13.70 - $12.94 = $0.76 risk per share
๐ Reward to TP1:
$14.75 - $13.70 = $1.05 โ (1.38:1 R/R)
๐ Reward to TP2:
$16.02 - $13.70 = $2.32 โ (3.05:1 R/R)
๐ Technical Analysis & Strategy
๐ Bull Flag Breakout: Price broke out of a descending consolidation after a strong uptrend
๐ Volume Confirmation: Breakout supported by rising volume
๐ Retest of Breakout: Price retested breakout zone (yellow circle) and bounced
๐ Trend Continuation Expected: Clean breakout structure with strong upside potential
โ๏ธ Trade Execution & Risk Management
๐ Confirm entry after 30-min candle close above breakout zone
๐ Trailing Stop Strategy:
Move SL to breakeven after hitting TP1
๐ฐ Partial Profit Booking Strategy
โ Book 50% at TP1 = $14.75
โ Let the rest ride to TP2 = $16.02
โ Adjust SL to lock in profit once TP1 is achieved
โ ๏ธ Breakout Failure Risk
โ Trade setup invalid if price breaks below $12.94
โ Avoid entry without confirmation candle above breakout
๐ Final Thoughts
โ Classic bull flag breakout setup with healthy volume
โ Clear risk levels and attractive 3:1 potential R/R
โ Strong trend continuation setup backed by technicals
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