AMSC (American Superconductor Corporation) – 30-Min Long Trade !

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🔹 Asset: AMSC – NASDAQ
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Breakout (Symmetrical Triangle Pattern)

📊 Trade Plan (Long Position)
✅ Entry Zone: Above $19.65 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $19.25 (Key Support Level)

🎯 Take Profit Targets
📌 TP1: $20.24 (Resistance Level)
📌 TP2: $20.91 (Extended Bullish Move)

📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance):
$19.65 - $19.25 = $0.40 risk per share

📈 Reward to TP1:
$20.24 - $19.65 = $0.59 (1:1.47 R/R)

📈 Reward to TP2:
$20.91 - $19.65 = $1.26 (1:3.15 R/R)

✅ Favorable Risk-Reward Ratio toward TP2

🔍 Technical Analysis & Strategy
📌 Symmetrical Triangle Breakout: Price is breaking above the resistance line, confirming bullish momentum.
📌 Support at $19.25: The lower trendline acts as a strong safety level for this trade.
📌 Volume Confirmation Needed: Look for above-average buying volume above $19.65 to validate the breakout.
📌 Resistance at $20.24: A break above this strengthens the bullish case toward TP2.

📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure strong buying volume above $19.65 before entering.
📉 Trailing Stop Strategy: Move SL to break-even ($19.65) after hitting TP1 ($20.24).

💰 Partial Profit Booking Strategy
✔ Take 50% profits at TP1 ($20.24), let the rest run toward TP2 ($20.91).
✔ Adjust Stop-Loss to Break-even ($19.65) after TP1 is reached.

⚠️ Risks & Considerations
❌ Fake Breakout Risk: If the price fails to hold above $19.65, exit early.
❌ Confirmation Required: Wait for a 30-min candle close above $19.65 before entering.

🚀 Final Thoughts
✔ Bullish Setup – Strong upside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:3.15 toward TP2.

💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 #AMSC #NASDAQ #LongTrade #TradingView #ProfittoPath 💰📊