📌 🚀
🔹 Asset: APLD (Applied Digital Corporation)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $7.02 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $6.74 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $7.33 (First Resistance Level)
📌 TP2: $7.76 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$7.02 - $6.74 = $0.28 risk per share
📈 Reward to TP1:
$7.33 - $7.02 = $0.31 (1:1.1 R/R)
📈 Reward to TP2:
$7.76 - $7.02 = $0.74 (1:2.64 R/R)
🔍 Technical Analysis & Strategy
📌 Downtrend Breakout: Price has broken a descending trendline (pink line), signaling a bullish breakout.
📌 Retest Confirmation: The price is hovering around $7.02, testing previous resistance as support.
📌 Support Level: $6.74 is acting as strong support, rejecting lower lows.
📌 High Volume Needed: Watch for bullish volume confirmation above $7.02 to validate the breakout.
📊 Key Support & Resistance Levels
🟢 $6.74 – Stop-Loss / Key Support
🟡 $7.02 – Breakout Level / Long Entry
🔴 $7.33 – First Resistance / TP1
🟢 $7.76 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure high buying volume above $7.02 before entering.
📉 Trailing Stop Strategy: Move SL to entry ($7.02) after TP1 ($7.33) is hit.
💰 Partial Profit Booking Strategy
✔ Take 50% profits at $7.33, let the rest run toward $7.76.
✔ Adjust Stop-Loss to Break-even ($7.02) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If the price fails to hold above $7.02 and drops back below, exit early to avoid losses.
❌ Wait for a strong bullish candle close above $7.02 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Breaking out of the trendline indicates a potential reversal.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.1 to TP1, 1:2.64 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 Hashtags for Social Media Posting
#StockMarket 📉 #TradingNews 📰 #StockAnalysis 📊 #MarketUpdate 🔥 #Investing 💰 #Trading 📈 #Finance 💵 #ProfittoPath 🚀 #SwingTrading 🔄 #DayTrading ⚡ #StockTrader 💸 #TechnicalAnalysis 📉 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bullish 🐂 #RiskManagement ⚠️ #TradingCommunity 🤝
🔹 Asset: APLD (Applied Digital Corporation)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $7.02 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $6.74 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $7.33 (First Resistance Level)
📌 TP2: $7.76 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$7.02 - $6.74 = $0.28 risk per share
📈 Reward to TP1:
$7.33 - $7.02 = $0.31 (1:1.1 R/R)
📈 Reward to TP2:
$7.76 - $7.02 = $0.74 (1:2.64 R/R)
🔍 Technical Analysis & Strategy
📌 Downtrend Breakout: Price has broken a descending trendline (pink line), signaling a bullish breakout.
📌 Retest Confirmation: The price is hovering around $7.02, testing previous resistance as support.
📌 Support Level: $6.74 is acting as strong support, rejecting lower lows.
📌 High Volume Needed: Watch for bullish volume confirmation above $7.02 to validate the breakout.
📊 Key Support & Resistance Levels
🟢 $6.74 – Stop-Loss / Key Support
🟡 $7.02 – Breakout Level / Long Entry
🔴 $7.33 – First Resistance / TP1
🟢 $7.76 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure high buying volume above $7.02 before entering.
📉 Trailing Stop Strategy: Move SL to entry ($7.02) after TP1 ($7.33) is hit.
💰 Partial Profit Booking Strategy
✔ Take 50% profits at $7.33, let the rest run toward $7.76.
✔ Adjust Stop-Loss to Break-even ($7.02) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If the price fails to hold above $7.02 and drops back below, exit early to avoid losses.
❌ Wait for a strong bullish candle close above $7.02 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Breaking out of the trendline indicates a potential reversal.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.1 to TP1, 1:2.64 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 Hashtags for Social Media Posting
#StockMarket 📉 #TradingNews 📰 #StockAnalysis 📊 #MarketUpdate 🔥 #Investing 💰 #Trading 📈 #Finance 💵 #ProfittoPath 🚀 #SwingTrading 🔄 #DayTrading ⚡ #StockTrader 💸 #TechnicalAnalysis 📉 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bullish 🐂 #RiskManagement ⚠️ #TradingCommunity 🤝
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.