STIM/USD β 30-Min Short Trade Setup !Neuronetics, Inc.BATS:STIMProfittoPathππ πΉ Asset: Neuronetics, Inc. (STIM/USD) πΉ Timeframe: 30-Min Chart πΉ Setup Type: Bearish Breakdown Trade π Trade Plan (Short Position) β Entry Zone: Below $4.29 (Breakdown Confirmation) β Stop-Loss (SL): Above $4.69 (Break of Resistance & Trendline) π― Take Profit Targets π TP1: $3.90 (First Support Level) π TP2: $3.45 (Final Target β Extended Bearish Move) π Risk-Reward Ratio Calculation π Risk (SL Distance): $4.69 - $4.29 = $0.40 risk per share π Reward to TP1: $4.29 - $3.90 = $0.39 (1:0.97 R/R) π Reward to TP2: $4.29 - $3.45 = $0.84 (1:2.1 R/R) π Technical Analysis & Strategy π Bearish Trendline Rejection: STIM attempted a breakout but faced rejection at $4.29, indicating seller dominance. π Descending Pattern Formation: The price formed a lower high, confirming potential downside momentum. π Breakdown Confirmation: A strong bearish candle closing below $4.29 with increased volume will confirm the move. π Momentum Shift Expected: If price stays below $4.29, a move toward $3.90 (TP1) and $3.45 (TP2) is likely. π Key Support & Resistance Levels π΄ $4.69 β Strong Resistance / Stop-Loss Level π‘ $4.29 β Entry / Breakdown Level π’ $3.90 β First Support / TP1 π’ $3.45 β Final Target / TP2 π Trade Execution & Risk Management π Volume Confirmation: Ensure strong selling volume below $4.29 before entering. π Trailing Stop Strategy: Move SL to entry ($4.29) after TP1 ($3.90) is hit. π° Partial Profit Booking Strategy: β Take 50% profits at $3.90, let the rest run to $3.45. β Adjust Stop-Loss to Break-even ($4.29) after TP1 is reached. β οΈ Fake Breakdown Risk β If price bounces back above $4.29, it could indicate a false breakdownβexit early. β Wait for a strong bearish candle close below $4.29 for confirmation before entering aggressively. π Final Thoughts β Bearish Setup β Breaking below $4.29 could lead to lower targets. β Momentum Shift Possible β Watch for volume confirmation. β Favorable Risk-Reward Ratio β 1:0.97 to TP1, 1:2.1 to TP2. π‘ Stick to the plan, manage risk, and trade smart! ππ π #StockTrading #STIM #ShortTrade #BreakdownTrade #TechnicalAnalysis #MomentumStocks #ProfittoPath #TradingView #StockMarket #SwingTrading #RiskManagement #ChartAnalysis ππ