📉 🚀
🔹 Asset: Astronics Corporation (ATRO)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $24.28 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above $25.62 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $22.97 (First Support Level)
📌 TP2: $21.14 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $25.62 - $24.28 = $1.34 risk per unit
📈 Reward to TP1: $24.28 - $22.97 = $1.31 (1:0.98 R/R)
📈 Reward to TP2: $24.28 - $21.14 = $3.14 (1:2.34 R/R)
💡 Favorable Risk-Reward Ratio – Aiming for a 1:2.34 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bearish Rising Wedge Breakdown – The stock formed a rising wedge and broke below support.
📌 Weak Buying Pressure – The stock has failed to push higher and is testing breakdown support at $24.28.
📌 Volume Confirmation Needed – Increased selling volume below $24.28 confirms momentum.
📌 Momentum Shift Expected – If the price remains below $24.28, it could decline toward $22.97, then $21.14.
📊 Key Resistance & Support Levels
🔴 $25.62 – Stop-Loss / Resistance Level
🟡 $24.28 – Breakdown Level / Short Entry
⚪ $22.97 – First Target / TP1
🟢 $21.14 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure below $24.28 before entering.
📉 Trailing Stop Strategy – Move SL to breakeven ($24.28) after hitting TP1 ($22.97).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $22.97, let the rest run to $21.14.
✔ Adjust SL to breakeven ($24.28) after TP1 is hit.
⚠️ Fake Breakdown Risk:
❌ If price moves back above $24.28, exit early to limit losses.
❌ Wait for a strong bearish candle close before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup – Breakdown signals downside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.34 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
🔗 Hashtags for Engagement:
#ATRO 📉 #StockTrading 📊 #TradingNews 📉 #MarketUpdate 🔥 #Investing 💰 #ShortTrade 📉 #Stocks 📈 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #StockSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bearish 📉 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakdown 🚀
🔹 Asset: Astronics Corporation (ATRO)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bearish Breakdown Trade
📌 Trade Plan (Short Position)
✅ Entry Zone: Below $24.28 (Breakdown Confirmation)
✅ Stop-Loss (SL): Above $25.62 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $22.97 (First Support Level)
📌 TP2: $21.14 (Extended Bearish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $25.62 - $24.28 = $1.34 risk per unit
📈 Reward to TP1: $24.28 - $22.97 = $1.31 (1:0.98 R/R)
📈 Reward to TP2: $24.28 - $21.14 = $3.14 (1:2.34 R/R)
💡 Favorable Risk-Reward Ratio – Aiming for a 1:2.34 R/R at TP2.
🔍 Technical Analysis & Strategy
📌 Bearish Rising Wedge Breakdown – The stock formed a rising wedge and broke below support.
📌 Weak Buying Pressure – The stock has failed to push higher and is testing breakdown support at $24.28.
📌 Volume Confirmation Needed – Increased selling volume below $24.28 confirms momentum.
📌 Momentum Shift Expected – If the price remains below $24.28, it could decline toward $22.97, then $21.14.
📊 Key Resistance & Support Levels
🔴 $25.62 – Stop-Loss / Resistance Level
🟡 $24.28 – Breakdown Level / Short Entry
⚪ $22.97 – First Target / TP1
🟢 $21.14 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation – Ensure strong selling pressure below $24.28 before entering.
📉 Trailing Stop Strategy – Move SL to breakeven ($24.28) after hitting TP1 ($22.97).
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $22.97, let the rest run to $21.14.
✔ Adjust SL to breakeven ($24.28) after TP1 is hit.
⚠️ Fake Breakdown Risk:
❌ If price moves back above $24.28, exit early to limit losses.
❌ Wait for a strong bearish candle close before entering aggressively.
🚀 Final Thoughts
✔ Bearish Setup – Breakdown signals downside potential.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:2.34 R/R to TP2.
💡 Stick to the plan, manage risk, and trade smart! 📉🔥
🔗 Hashtags for Engagement:
#ATRO 📉 #StockTrading 📊 #TradingNews 📉 #MarketUpdate 🔥 #Investing 💰 #ShortTrade 📉 #Stocks 📈 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #StockSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bearish 📉 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakdown 🚀
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.