AMSC Computer medium cap beats earnings LONG

31 mag

AMSC on the daily chart has went 3X in 7-8 months on the strength of earnings beats and

the tailwinds of the AI supertrend. I see this as an excellent swing long trade to hold into

the next earnings in 3-4 months. AMSC is currently at its ATH and going higher means no

overhead resistance.

1 giu

Trade attivo

Nice 9% move from the entry. Stop loss reaised to 2% above break-even. Now a risk free trade with full position. Will raise stop loss 1% daily to lock in a daily average profit if it of 1% per day.

4 giu

Trade attivo

Another solid move- stop loss reaised to 4% above break even. Full position.

6 giu

Nota

Price advances more than 6%. STop loss changed to a trailing 5%. Full position.
Easy management. Will take a 20% partial upon reaching 20.

8 giu

Trade attivo

Price climbed higher over 20. Partial taken. Looking for more staying patient.

18 giu

Trade attivo

Price appears ready for another leg higher. Adding back into the long trade.

18 giu

Nota