๐ ๐ข
๐น Asset: American Superconductor Corp. (AMSC โ NASDAQ)
๐น Timeframe: 15-Min Chart
๐น Setup Type: Symmetrical Triangle Breakout + Rising Support
๐ Trade Plan โ Long Position
โ Entry Zone: $18.01 (Breakout + trendline confluence)
โ Stop-Loss (SL): $17.14 (Below ascending trendline + prior low)
๐ฏ Take Profit Targets:
๐ TP1: $19.16 โ Local resistance
๐ TP2: $20.39 โ Major resistance zone
๐ Risk-Reward Calculation
๐ฅ Risk: $0.87/share
๐ฉ Reward to TP2: $2.38/share
๐ R/R Ratio: ~1 : 2.7 โ High reward with tight risk
๐ Technical Highlights
๐ Breakout from coiled price action โ
๐ Higher lows forming ascending structure โ
๐ Strong wick rejection from trendline support โ
๐ Momentum building after low-volume consolidation
๐ Risk Management Strategy
๐ SL to breakeven post TP1
๐ฐ Take partial profits at TP1
๐ Hold remaining to TP2 with trend
โ ๏ธ Setup Invalidation If:
โ Breakdown below $17.14
โ Fails to close above yellow zone
โ Reversal with increasing volume
๐จ Final Thoughts
โ Clean technical breakout with momentum potential
โ Perfect fit for short-term swing traders
โ Compact stop, spacious upside โ classic ProfittoPath quality
๐ #AMSC #BreakoutTrade #NASDAQStocks #ProfittoPath #TechnicalSetup #SwingTrade #VolumeConfirmation #ChartAnalysis #RiskReward #MomentumPlay
๐น Asset: American Superconductor Corp. (AMSC โ NASDAQ)
๐น Timeframe: 15-Min Chart
๐น Setup Type: Symmetrical Triangle Breakout + Rising Support
๐ Trade Plan โ Long Position
โ Entry Zone: $18.01 (Breakout + trendline confluence)
โ Stop-Loss (SL): $17.14 (Below ascending trendline + prior low)
๐ฏ Take Profit Targets:
๐ TP1: $19.16 โ Local resistance
๐ TP2: $20.39 โ Major resistance zone
๐ Risk-Reward Calculation
๐ฅ Risk: $0.87/share
๐ฉ Reward to TP2: $2.38/share
๐ R/R Ratio: ~1 : 2.7 โ High reward with tight risk
๐ Technical Highlights
๐ Breakout from coiled price action โ
๐ Higher lows forming ascending structure โ
๐ Strong wick rejection from trendline support โ
๐ Momentum building after low-volume consolidation
๐ Risk Management Strategy
๐ SL to breakeven post TP1
๐ฐ Take partial profits at TP1
๐ Hold remaining to TP2 with trend
โ ๏ธ Setup Invalidation If:
โ Breakdown below $17.14
โ Fails to close above yellow zone
โ Reversal with increasing volume
๐จ Final Thoughts
โ Clean technical breakout with momentum potential
โ Perfect fit for short-term swing traders
โ Compact stop, spacious upside โ classic ProfittoPath quality
๐ #AMSC #BreakoutTrade #NASDAQStocks #ProfittoPath #TechnicalSetup #SwingTrade #VolumeConfirmation #ChartAnalysis #RiskReward #MomentumPlay
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Declinazione di responsabilitร
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.