AMSC Computer medium cap beats earnings LONG

31 May

AMSC on the daily chart has went 3X in 7-8 months on the strength of earnings beats and

the tailwinds of the AI supertrend. I see this as an excellent swing long trade to hold into

the next earnings in 3-4 months. AMSC is currently at its ATH and going higher means no

overhead resistance.

1 Haz

İşlem aktif

Nice 9% move from the entry. Stop loss reaised to 2% above break-even. Now a risk free trade with full position. Will raise stop loss 1% daily to lock in a daily average profit if it of 1% per day.

4 Haz

İşlem aktif

Another solid move- stop loss reaised to 4% above break even. Full position.

6 Haz

Not

Price advances more than 6%. STop loss changed to a trailing 5%. Full position.
Easy management. Will take a 20% partial upon reaching 20.

8 Haz

İşlem aktif

Price climbed higher over 20. Partial taken. Looking for more staying patient.

18 Haz

İşlem aktif

Price appears ready for another leg higher. Adding back into the long trade.

18 Haz

Not