ADMA – ADMA Biologics Inc. – 30-Min Bullish Breakout Setup!

📈 🚀
🔹 Asset: ADMA (NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Trendline Support + Falling Wedge Breakout

📊 Trade Plan (Long Position)
✅ Entry Zone: Above $20.30 (breakout confirmation above wedge resistance)
✅ Stop-Loss (SL): Below $19.72 (below trendline and key structure)

🎯 Take Profit Targets
📌 TP1: $20.90 – Minor resistance & last swing high
📌 TP2: $21.72 – Major resistance / profit-taking zone

📊 Risk-Reward Ratio Calculation
📉 Risk:
$20.30 - $19.72 = $0.58 risk per share

📈 Reward to TP1:
$20.90 - $20.30 = $0.60 (1.03:1 R/R)

📈 Reward to TP2:
$21.72 - $20.30 = $1.42 (2.44:1 R/R)

🔍 Technical Analysis & Strategy
📌 Falling Wedge: Price consolidating with higher lows and lower highs, signaling potential breakout

📌 Trendline Support: Strong base holding since March 18th — bullish structure intact

📌 Volume Observation: Watch for a pop in volume as confirmation of breakout

📌 Yellow Zone: Mid-level area reclaiming previous resistance turned support

⚙️ Trade Execution & Risk Management
📊 Entry Confirmation: 30-min candle close above $20.30
📉 SL Strategy: Place SL below trendline at $19.72
🔁 Trailing Stop Strategy:
✔ SL to breakeven at TP1
✔ Trail above $20.60 toward TP2

💰 Profit Booking Strategy
✔ Take 50% profit at TP1 = $20.90
✔ Hold remaining toward TP2 = $21.72
✔ Raise SL progressively to secure profits

⚠️ Setup Invalid Conditions
❌ Breakdown below $19.72 invalidates trend and wedge
❌ Avoid entry without bullish close above wedge

🚀 Final Thoughts
✔ Great trendline support + falling wedge = strong technical confluence
✔ Breakout from yellow zone can trigger a quick move toward $21+
✔ Clean, well-structured long setup with 2.4:1 potential R/R