American Superconductor gains +40% on 9xs average daily volume

On 6/2/21 American Superconductor (AMSC) reported a Q4 March 2021 loss of $0.21 per share on revenue of $21.2 million. The consensus estimate was a loss of $0.21 per share on revenue of $19.6 million. Revenue grew 16.7% on a year-over-year basis. The company said it expects a first quarter non-GAAP loss of $0.17 per share or better on revenue of $22 million to $26 million. The current consensus estimate is a loss of $0.18 per share on revenue of $20.25 million for Q1 ending June 30, 2021.

breakout = $17.60
R3 = $16.72
R2 = $15.85
R1 = $14.98
pivot = $14.17
S1 = $13.36
S2 = $12.49
S3 = $11.62
breakdown = $10.81

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com/u/growerik/

Trade active:

6/18 expiry strangle
$18 call
$17 put