ABSI Short Trade Setup (30-Min Chart) !
### 🔻 **📉🔥**
🔍 **Stock:** ABSI (NASDAQ)
⏳ **Timeframe:** 30-Min Chart
📉 **Setup Type:** Bearish Breakdown
### 📍 **Trade Plan:**
✅ **Entry Zone:** **$3.70 - $3.69** (Breakdown from Descending Triangle)
🚀 **Take Profit 1 (TP1):** **$3.48** (Key Support)
🚀 **Take Profit 2 (TP2):** **$3.26+** (Extended Target if selling pressure continues)
🔻 **Stop-Loss (SL):** **$3.92** (Above resistance for risk control)
📊 **Risk-Reward Ratio:** Favorable for a bearish continuation 📉📈
---
### 🔹 **Technical Analysis & Setup:**
✅ **Pattern:** **Descending Triangle Breakdown** 📉
✅ **Resistance Zone:** Strong seller presence around **$3.70 - $3.69 (Yellow Zone)**
✅ **Breakdown Confirmation Needed:** Price should drop below $3.69 with strong volume
✅ **Momentum Shift Expected:** Breakdown signals **potential downtrend continuation**
---
### 🔥 **Trade Strategy & Refinements:**
📊 **Volume Confirmation:** Look for **increased selling volume** below $3.69 📉
📉 **Trailing Stop Strategy:** Once price reaches **TP1 ($3.48), adjust SL lower** to secure profits
💰 **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($3.26+)**
⚠️ **Watch for Fake Breakdowns:** If price **rises above $3.70**, reconsider the setup
---
### 🚀 **Final Thoughts:**
✅ **Bearish Breakdown Expected – High probability of continuation lower** 📉
✅ **Strong Resistance at $3.70 – Ideal short entry for risk-reward optimization** 💰
✅ **Momentum Shift Possible – A drop below $3.48 could drive ABSI to $3.26+** 🚀
📊 **Trade Smart & Stick to Your Plan!** 🏆🔥
Would you like any refinements or additional insights? 🚀📉
---
### 🔗 **Hashtags for Engagement:**
#ShortTrade #StockTrading #ABSI #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #ResistanceAndSupport #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess
🔍 **Stock:** ABSI (NASDAQ)
⏳ **Timeframe:** 30-Min Chart
📉 **Setup Type:** Bearish Breakdown
### 📍 **Trade Plan:**
✅ **Entry Zone:** **$3.70 - $3.69** (Breakdown from Descending Triangle)
🚀 **Take Profit 1 (TP1):** **$3.48** (Key Support)
🚀 **Take Profit 2 (TP2):** **$3.26+** (Extended Target if selling pressure continues)
🔻 **Stop-Loss (SL):** **$3.92** (Above resistance for risk control)
📊 **Risk-Reward Ratio:** Favorable for a bearish continuation 📉📈
---
### 🔹 **Technical Analysis & Setup:**
✅ **Pattern:** **Descending Triangle Breakdown** 📉
✅ **Resistance Zone:** Strong seller presence around **$3.70 - $3.69 (Yellow Zone)**
✅ **Breakdown Confirmation Needed:** Price should drop below $3.69 with strong volume
✅ **Momentum Shift Expected:** Breakdown signals **potential downtrend continuation**
---
### 🔥 **Trade Strategy & Refinements:**
📊 **Volume Confirmation:** Look for **increased selling volume** below $3.69 📉
📉 **Trailing Stop Strategy:** Once price reaches **TP1 ($3.48), adjust SL lower** to secure profits
💰 **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($3.26+)**
⚠️ **Watch for Fake Breakdowns:** If price **rises above $3.70**, reconsider the setup
---
### 🚀 **Final Thoughts:**
✅ **Bearish Breakdown Expected – High probability of continuation lower** 📉
✅ **Strong Resistance at $3.70 – Ideal short entry for risk-reward optimization** 💰
✅ **Momentum Shift Possible – A drop below $3.48 could drive ABSI to $3.26+** 🚀
📊 **Trade Smart & Stick to Your Plan!** 🏆🔥
Would you like any refinements or additional insights? 🚀📉
---
### 🔗 **Hashtags for Engagement:**
#ShortTrade #StockTrading #ABSI #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #ResistanceAndSupport #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.