Amscstock
AMSC | Bullish Momentum Building Breakout in Progress?๐ NASDAQ:AMSC ๐
American Superconductor (AMSC) is quietly showing strength, and it's time to pay attention. After bouncing off the support zone near $18.80โ$19.30, the stock has reclaimed the $20.50โ$21.10 entry range, with volume picking up as it challenges key resistance.
๐ง Why it's interesting now:
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56% YoY revenue growth last quarter ๐
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LSE:80M in cash, no urgent need for dilution
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Clean energy + grid modernization = tailwind
๐งฉ Technical Setup:
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Entry Zone:
$Market price
$19.5-20.5
$18.5
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Breakout Trigger: $22.38
๐ฏ Target 1: $23.50
๐ฏ Target 2: $25.70
๐ฏ Stretch Target: $28.00 +
This is a high-beta, high-volatility name โ perfect for swing traders who can manage risk. Watch that breakout above $22.38; it could open the door to a fast move toward mid-$20s.
๐ Disclaimer: This is not financial advice. Do your own research before making any trading decisions. I'm not a financial advisor.


