APLD – 30-Min Long Trade Setup!

📈
🔹 Ticker: APLD (NASDAQ)
🔹 Setup Type: Ascending Triangle + Resistance Break
🔸 Breakout Price: ~$5.80

📊 Trade Plan (Long Position)
✅ Entry Zone: $5.75–$5.85 (break above yellow resistance zone & trendline)
✅ Stop Loss (SL): Below $5.37 (structure low / white support line)
✅ Take Profit Targets:
📌 TP1: $6.25 (red line – resistance)
📌 TP2: $6.99 (green line – prior supply zone)

📐 Risk-Reward Analysis
📉 Risk:
$5.80 - $5.37 = $0.43

📈 Reward to TP1:
$6.25 - $5.80 = $0.45 → 1.04:1 R/R

📈 Reward to TP2:
$6.99 - $5.80 = $1.19 → 2.76:1 R/R

🔍 Technical Highlights
📌 Ascending Triangle: Strong higher lows pushing into horizontal resistance
📌 Volume Confirmation: Needed for clean breakout
📌 Yellow Zone: Break and retest area for confirmation
📌 Trendline Support: Pink rising trendline continues to hold up price

⚙️ Trade Management
🔄 After TP1:
— Move SL to breakeven
— Book partial profits (~50%)

📈 Let the rest target TP2, trailing SL as new supports form

⚠️ Invalidation Signal
❌ Breakdown below $5.37
❌ Rejection from yellow zone without volume follow-through