AMSC Computer medium cap beats earnings LONG

5月31日

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.

6月1日

交易進行

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.

6月4日

交易進行

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

6月6日

註釋

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

6月8日

交易進行

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

6月18日

交易進行

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

6月18日

註釋