📉 🚀
🔹 Asset: American Superconductor Corporation (AMSC)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $18.60 (Breakout Confirmation)
✅ Stop-Loss (SL): Above $19.61 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $17.29 (First Support Level)
📌 TP2: $15.93 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $19.61 - $18.60 = $1.01 per share
📈 Reward to TP1: $18.60 - $17.29 = $1.31 (1:1.3 R/R)
📈 Reward to TP2: $18.60 - $15.93 = $2.67 (1:2.64 R/R)
🔍 Technical Analysis & Strategy
📌 Symmetrical Triangle Breakdown – Price is testing the lower trendline, signaling potential downside.
📌 Volume Confirmation Needed – A strong bearish candle below $18.60 confirms entry.
📌 Momentum Shift Expected – Breakdown could lead to $17.29, then $15.93.
📊 Key Resistance & Support Levels
🔴 $19.61 – Resistance / SL Level
🟡 $18.60 – Breakdown Level / Short Entry
⚪ $17.29 – First Support / TP1
🟢 $15.93 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure before entering.
📉 Trailing Stop Strategy – Move SL to $18.60 (breakeven) after hitting TP1 ($17.29).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $17.29, let the rest run to $15.93.
✔ Adjust SL to breakeven ($18.60) after TP1 is hit.
⚠️ Fake Breakdown Risk
❌ If price moves back above $18.60, exit early to limit losses.
❌ Wait for a strong bearish candle close below $18.60 before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup Forming – Breakdown signals a potential downside move.
✔ Momentum Shift Expected – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.64 R/R at TP2 makes this a high-quality trade.
💡 Stick to the plan, manage risk, and trade smart! 📈🔥
🔗 Follow ProfittoPath for More Trade Setups!
#ProfittoPath 🏆 | #AMSC 📉 | #StockMarket 📊 | #BreakdownTrade 🚀 | #ShortSetup 💰 | #RiskManagement 🔍 | #MarketAnalysis 📈 | #SwingTrading
🔹 Asset: American Superconductor Corporation (AMSC)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $18.60 (Breakout Confirmation)
✅ Stop-Loss (SL): Above $19.61 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $17.29 (First Support Level)
📌 TP2: $15.93 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $19.61 - $18.60 = $1.01 per share
📈 Reward to TP1: $18.60 - $17.29 = $1.31 (1:1.3 R/R)
📈 Reward to TP2: $18.60 - $15.93 = $2.67 (1:2.64 R/R)
🔍 Technical Analysis & Strategy
📌 Symmetrical Triangle Breakdown – Price is testing the lower trendline, signaling potential downside.
📌 Volume Confirmation Needed – A strong bearish candle below $18.60 confirms entry.
📌 Momentum Shift Expected – Breakdown could lead to $17.29, then $15.93.
📊 Key Resistance & Support Levels
🔴 $19.61 – Resistance / SL Level
🟡 $18.60 – Breakdown Level / Short Entry
⚪ $17.29 – First Support / TP1
🟢 $15.93 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure before entering.
📉 Trailing Stop Strategy – Move SL to $18.60 (breakeven) after hitting TP1 ($17.29).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $17.29, let the rest run to $15.93.
✔ Adjust SL to breakeven ($18.60) after TP1 is hit.
⚠️ Fake Breakdown Risk
❌ If price moves back above $18.60, exit early to limit losses.
❌ Wait for a strong bearish candle close below $18.60 before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup Forming – Breakdown signals a potential downside move.
✔ Momentum Shift Expected – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.64 R/R at TP2 makes this a high-quality trade.
💡 Stick to the plan, manage risk, and trade smart! 📈🔥
🔗 Follow ProfittoPath for More Trade Setups!
#ProfittoPath 🏆 | #AMSC 📉 | #StockMarket 📊 | #BreakdownTrade 🚀 | #ShortSetup 💰 | #RiskManagement 🔍 | #MarketAnalysis 📈 | #SwingTrading
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.