AMSC โ€“ 30-Min Short Trade Setup!

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๐Ÿ“‰ ๐Ÿš€
๐Ÿ”น Asset: American Superconductor Corporation (AMSC)
๐Ÿ”น Timeframe: 30-Min Chart
๐Ÿ”น Setup Type: Bearish Breakdown Trade

๐Ÿ“Œ Trade Plan (Short Position)
โœ… Entry Zone: Below $18.60 (Breakout Confirmation)
โœ… Stop-Loss (SL): Above $19.61 (Invalidation Level)

๐ŸŽฏ Take Profit Targets:
๐Ÿ“Œ TP1: $17.29 (First Support Level)
๐Ÿ“Œ TP2: $15.93 (Extended Bearish Move)

๐Ÿ“Š Risk-Reward Ratio Calculation
๐Ÿ“‰ Risk (SL Distance): $19.61 - $18.60 = $1.01 per share
๐Ÿ“ˆ Reward to TP1: $18.60 - $17.29 = $1.31 (1:1.3 R/R)
๐Ÿ“ˆ Reward to TP2: $18.60 - $15.93 = $2.67 (1:2.64 R/R)

๐Ÿ” Technical Analysis & Strategy
๐Ÿ“Œ Symmetrical Triangle Breakdown โ€“ Price is testing the lower trendline, signaling potential downside.
๐Ÿ“Œ Volume Confirmation Needed โ€“ A strong bearish candle below $18.60 confirms entry.
๐Ÿ“Œ Momentum Shift Expected โ€“ Breakdown could lead to $17.29, then $15.93.

๐Ÿ“Š Key Resistance & Support Levels
๐Ÿ”ด $19.61 โ€“ Resistance / SL Level
๐ŸŸก $18.60 โ€“ Breakdown Level / Short Entry
โšช $17.29 โ€“ First Support / TP1
๐ŸŸข $15.93 โ€“ Final Target / TP2

๐Ÿ“‰ Trade Execution & Risk Management
๐Ÿ“Š Volume Confirmation โ€“ Ensure strong selling pressure before entering.
๐Ÿ“‰ Trailing Stop Strategy โ€“ Move SL to $18.60 (breakeven) after hitting TP1 ($17.29).
๐Ÿ’ฐ Partial Profit Booking Strategy:
โœ” Take 50% profits at $17.29, let the rest run to $15.93.
โœ” Adjust SL to breakeven ($18.60) after TP1 is hit.

โš ๏ธ Fake Breakdown Risk
โŒ If price moves back above $18.60, exit early to limit losses.
โŒ Wait for a strong bearish candle close below $18.60 before entering aggressively.

๐Ÿš€ Final Thoughts
โœ” Bearish Setup Forming โ€“ Breakdown signals a potential downside move.
โœ” Momentum Shift Expected โ€“ Watch for volume confirmation.
โœ” Favorable Risk-Reward Ratio โ€“ 1:2.64 R/R at TP2 makes this a high-quality trade.

๐Ÿ’ก Stick to the plan, manage risk, and trade smart! ๐Ÿ“ˆ๐Ÿ”ฅ

๐Ÿ”— Follow ProfittoPath for More Trade Setups!
#ProfittoPath ๐Ÿ† | #AMSC ๐Ÿ“‰ | #StockMarket ๐Ÿ“Š | #BreakdownTrade ๐Ÿš€ | #ShortSetup ๐Ÿ’ฐ | #RiskManagement ๐Ÿ” | #MarketAnalysis ๐Ÿ“ˆ | #SwingTrading

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