ACDC Long Trade Setup (30-Min Chart)!### 🚀 **) 📈🔥**
🔍 **Stock:** ACDC (NASDAQ)
⏳ **Timeframe:** 30-Min Chart
📈 **Setup Type:** Bullish Reversal
### 📍 **Trade Plan:**
✅ **Entry Zone:** **$7.20 - $7.25** (Falling Wedge Breakout + Support)
🚀 **Take Profit 1 (TP1):** **$7.69** (Key Resistance)
🚀 **Take Profit 2 (TP2):** **$8.29+** (Extended Target if momentum continues)
🔻 **Stop-Loss (SL):** **$6.91** (Below strong support for risk control)
📊 **Risk-Reward Ratio:** Favorable for a bullish setup 📉📈
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### 🔹 **Technical Analysis & Setup:**
✅ **Pattern:** **Falling Wedge (Bullish Reversal Pattern) 📉 → 📈**
✅ **Support Zone:** Strong buyer interest around **$7.20 - $7.25 (Yellow Zone)**
✅ **Breakout Confirmation Needed:** Price should break out of the wedge with strong volume
✅ **Momentum Shift Expected:** Higher lows forming, signaling bullish pressure
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### 🔥 **Trade Strategy & Refinements:**
📊 **Volume Confirmation:** Look for **increased buying volume** at breakout above $7.25 📈
📉 **Trailing Stop Strategy:** Once price reaches **TP1 ($7.69), adjust SL higher** to lock in profits
💰 **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($8.29+)**
⚠️ **Watch for Fake Breakouts:** If price **drops below $7.00**, reconsider the setup
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### 🚀 **Final Thoughts:**
✅ **Bullish Reversal Expected – High probability of breakout continuation** 📈
✅ **Strong Support at $7.20 - $7.25 – Ideal entry for risk-reward optimization** 💰
✅ **Momentum Shift Possible – A push above $7.69 could drive ACDC to $8.29+** 🚀
📊 **Trade Smart & Stick to Your Plan!** 🏆🔥
Would you like any refinements or additional insights? 🚀📈
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### 🔗 **Hashtags for Engagement:**
#LongTrade #StockTrading #ACDC #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BullishBreakout #TradeSetup #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #SupportAndResistance #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess
ACDC trade ideas
$ACDC Breakout with Successful Retest (Maybe)$ACDC For you Rocker’s LOL!
Seriously, this is an IPO that I have had my eyes on for a while now. ProFrac is in the oil services business. Last week after it undercut its previous breakout, I set an alarm to see if it would retake that area. It triggered for me this morning. I’ve started this with a ¼ size position and have set my stop very tight. See chart for my notations. Ideas, not investing / trading advice.
Earnings: (yes an IPO with real earnings!)
Profrac Holding Corp. Cl A (ACDC) reported 3rd Quarter September 2022 earnings of $1.09 per share on revenue of $696.7 million. The consensus earnings estimate was $0.86 per share.