๐
๐น Ticker: AMBA (NASDAQ)
๐น Setup: Falling Wedge Breakdown + Retest Rejection
๐ธ Trigger Zone: ~$40.30 (yellow zone + wedge base retest)
๐ Trade Plan (Short Bias)
โ Entry Range: $40.20โ$40.40
โ Stop Loss (SL): Above $45.14 (white structure resistance)
โ Profit Targets:
โข TP1: $34.75 (support zone)
โข TP2: $30.76 (trend support)
โข TP3: $27.50 (key demand area)
๐ Risk-Reward Notes:
โข Price broke falling wedge with weak retest
โข Rejection confirmed at wedge base and horizontal zone
โข Clean downside structure with strong momentum
โข Attractive risk-reward ratio toward multi-month supports
๐ Technical Highlights:
โข Series of lower highs and sharp breakdown
โข Volume faded during bounce โ weakness
โข Prior support now acting as resistance
โข Momentum favors continuation if $40 fails to hold
โ๏ธ Trade Management:
โข Lock in profits at TP1
โข Trail stop below lower highs
โข Watch for acceleration below $34.75 for quick move
โ ๏ธ Setup Invalidation:
โ Breakout and hold above $45.14
โ Bullish engulfing candle with rising volume
โ Price consolidates above yellow zone with strength
๐น Ticker: AMBA (NASDAQ)
๐น Setup: Falling Wedge Breakdown + Retest Rejection
๐ธ Trigger Zone: ~$40.30 (yellow zone + wedge base retest)
๐ Trade Plan (Short Bias)
โ Entry Range: $40.20โ$40.40
โ Stop Loss (SL): Above $45.14 (white structure resistance)
โ Profit Targets:
โข TP1: $34.75 (support zone)
โข TP2: $30.76 (trend support)
โข TP3: $27.50 (key demand area)
๐ Risk-Reward Notes:
โข Price broke falling wedge with weak retest
โข Rejection confirmed at wedge base and horizontal zone
โข Clean downside structure with strong momentum
โข Attractive risk-reward ratio toward multi-month supports
๐ Technical Highlights:
โข Series of lower highs and sharp breakdown
โข Volume faded during bounce โ weakness
โข Prior support now acting as resistance
โข Momentum favors continuation if $40 fails to hold
โ๏ธ Trade Management:
โข Lock in profits at TP1
โข Trail stop below lower highs
โข Watch for acceleration below $34.75 for quick move
โ ๏ธ Setup Invalidation:
โ Breakout and hold above $45.14
โ Bullish engulfing candle with rising volume
โ Price consolidates above yellow zone with strength
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.