📉
🔹 Ticker: AOSL (NASDAQ)
🔹 Setup: Bear Flag Breakdown + Retest Rejection
🔸 Breakdown Zone: ~$20.17 (yellow zone retest failure)
📊 Trade Plan (Short Position)
✅ Entry Zone: $20.10–$20.25
✅ Stop Loss (SL): Above $22.70 (white resistance)
✅ Take Profit Targets:
📌 TP1: $17.25 (red zone – prior support)
📌 TP2: $14.15 (green zone – major demand)
📐 Risk-Reward Breakdown
📉 Risk:
$22.70 - $20.17 = $2.53
📈 Reward to TP1:
$20.17 - $17.25 = $2.92 → R/R ~1.15:1
📈 Reward to TP2:
$20.17 - $14.15 = $6.02 → R/R ~2.38:1
🔍 Technical Highlights
Breakdown from falling wedge with retest
Rejection off yellow zone = bearish confirmation
Consistent lower highs, weak bounce = more downside
Heavy volume on breakdown candle adds strength
⚙️ Trade Management
🔄 After TP1:
– Adjust SL to breakeven
– Secure partial profits
📉 Ride remaining position toward TP2 with trailing SL
⚠️ Invalidation Triggers
❌ Break above $22.70 resistance
❌ Strong bullish engulfing candle with volume
❌ Price reclaiming wedge + consolidation above trendline
🔹 Ticker: AOSL (NASDAQ)
🔹 Setup: Bear Flag Breakdown + Retest Rejection
🔸 Breakdown Zone: ~$20.17 (yellow zone retest failure)
📊 Trade Plan (Short Position)
✅ Entry Zone: $20.10–$20.25
✅ Stop Loss (SL): Above $22.70 (white resistance)
✅ Take Profit Targets:
📌 TP1: $17.25 (red zone – prior support)
📌 TP2: $14.15 (green zone – major demand)
📐 Risk-Reward Breakdown
📉 Risk:
$22.70 - $20.17 = $2.53
📈 Reward to TP1:
$20.17 - $17.25 = $2.92 → R/R ~1.15:1
📈 Reward to TP2:
$20.17 - $14.15 = $6.02 → R/R ~2.38:1
🔍 Technical Highlights
Breakdown from falling wedge with retest
Rejection off yellow zone = bearish confirmation
Consistent lower highs, weak bounce = more downside
Heavy volume on breakdown candle adds strength
⚙️ Trade Management
🔄 After TP1:
– Adjust SL to breakeven
– Secure partial profits
📉 Ride remaining position toward TP2 with trailing SL
⚠️ Invalidation Triggers
❌ Break above $22.70 resistance
❌ Strong bullish engulfing candle with volume
❌ Price reclaiming wedge + consolidation above trendline
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.