SDGR – 30-Min Long Trade Setup!

📈 🟢
🔹 Asset: Schrodinger, Inc. (SDGR – NASDAQ)
🔹 Chart Pattern: Symmetrical Triangle Breakout + Retest
🔹 Timeframe: 30-Minute

📊 Trade Plan – Long Position
✅ Entry Zone: $25.74 (Breakout from triangle + reclaim of yellow zone)

✅ Stop-Loss (SL): $24.50 (Below recent support + structure)

🎯 Take Profit Targets:

📌 TP1: $26.85 – Prior resistance & supply zone

📌 TP2: $28.30 – Major resistance near swing high

📐 Risk-Reward Calculation
🟥 Risk per share: $1.24

🟩 Reward to TP2: $2.56

📊 R/R Ratio: ~1 : 2.06 – Favorable setup with strong upside

🔍 Technical Highlights
✅ Tight triangle structure → breakout near apex

✅ Retest candle forming support at reclaim zone

✅ Clean trendline bounces with volume near breakout

✅ Higher lows = bullish momentum buildup

📉 Risk Management Strategy
🔁 Move SL to breakeven once TP1 is hit

💰 Lock partial profits at $26.85

🚀 Ride remainder toward $28.30 with trailing stop

🚨 Setup Invalidation If:
❌ Price closes under $24.50

❌ Fails to hold breakout zone after retest

❌ Weak volume or rejection under $26.50 resistance