📈 🟢
🔹 Asset: Super Micro Computer, Inc. (SMCI – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Breakout Retest at Key Supply Zone
📊 Trade Plan – Long Bias
✅ Entry Zone: Around $36.67 (breakout + retest confirmation)
✅ Stop-Loss (SL): $34.25 (below structure & recent low)
🎯 Take Profit Targets:
📌 TP1: $39.51 – Prior resistance zone
📌 TP2: $43.36 – Major structure / supply zone
📐 Risk-Reward Calculation
🟥 Risk: $36.67 - $34.25 = $2.42/share
🟩 Reward to TP2: $43.36 - $36.67 = $6.69/share
📊 R/R Ratio: ~1 : 2.76 – Strong long setup
🔍 Technical Highlights
📌 Trendline breakout with retest at resistance ✔
📌 Holding above yellow resistance zone ✔
📌 Strong bullish momentum on breakout ✔
📌 Good volume + clean continuation structure 🔼
📉 Risk Management Plan
🔁 Move SL to breakeven after TP1
💰 Take partial profits at TP1
📈 Let runners target TP2
📏 Discipline over impulse – follow chart
⚠️ Setup Invalidation If:
❌ Breaks and closes below $34.25
❌ Reversal with strong bearish engulfing
❌ Fails to hold above yellow zone
🚨 Final Thoughts
✔ Clean technical breakout with volume and structure
✔ Defined stop, solid R/R = smart trade setup
✔ Great candidate for swing traders looking for momentum
🔗 #SMCI #StockBreakout #ProfittoPath #ChartSetup #TechnicalAnalysis #BullishTrade #NASDAQStocks #SmartTrading #RiskReward #MomentumPlay
🔹 Asset: Super Micro Computer, Inc. (SMCI – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Breakout Retest at Key Supply Zone
📊 Trade Plan – Long Bias
✅ Entry Zone: Around $36.67 (breakout + retest confirmation)
✅ Stop-Loss (SL): $34.25 (below structure & recent low)
🎯 Take Profit Targets:
📌 TP1: $39.51 – Prior resistance zone
📌 TP2: $43.36 – Major structure / supply zone
📐 Risk-Reward Calculation
🟥 Risk: $36.67 - $34.25 = $2.42/share
🟩 Reward to TP2: $43.36 - $36.67 = $6.69/share
📊 R/R Ratio: ~1 : 2.76 – Strong long setup
🔍 Technical Highlights
📌 Trendline breakout with retest at resistance ✔
📌 Holding above yellow resistance zone ✔
📌 Strong bullish momentum on breakout ✔
📌 Good volume + clean continuation structure 🔼
📉 Risk Management Plan
🔁 Move SL to breakeven after TP1
💰 Take partial profits at TP1
📈 Let runners target TP2
📏 Discipline over impulse – follow chart
⚠️ Setup Invalidation If:
❌ Breaks and closes below $34.25
❌ Reversal with strong bearish engulfing
❌ Fails to hold above yellow zone
🚨 Final Thoughts
✔ Clean technical breakout with volume and structure
✔ Defined stop, solid R/R = smart trade setup
✔ Great candidate for swing traders looking for momentum
🔗 #SMCI #StockBreakout #ProfittoPath #ChartSetup #TechnicalAnalysis #BullishTrade #NASDAQStocks #SmartTrading #RiskReward #MomentumPlay
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.