Apr. 30 at 3:25 PM
⚡
$HLX — Clean SMC Breakout Setup
Spot
$10.27 (+1.68%) | Helix Energy Solutions
𝗦𝗲𝘁𝘂𝗽:
🐂 CHoCH confirmed at
$9.20 — momentum flipped
🐂 Bounced off Discount zone (
$9.00-9.20)
🐂 Breaking descending trendline from Feb high
🐂 Post-earnings continuation, higher low intact
🐂 RSI/momentum crossing up from oversold
𝗟𝗲𝘃𝗲𝗹𝘀:
🎯 Weak High / Liquidity:
$10.85
🎯 Supply zone:
$11.00-11.40
🛡️ Support:
$9.66 (50DMA)
🛡️ Stop / CHoCH invalid:
$9.20
🛡️ Equilibrium / thesis break:
$8.40
𝗥/𝗥:
Entry
$10.27 | Stop
$9.20 (-10%)
T1
$10.85 (+5.6%) | T2
$11.40 (+11%)
R/R ~1.1:1 to T1, ~2:1 to T2
𝗥𝗲𝗮𝗱:
Low-float energy services name with offshore exposure.
Off the AI/semis radar = less crowded, cleaner technicals.
Watch for volume confirmation above
$10.50.
Process over prediction. Risk-first, always.
Not financial advice.
#wavervanir #volanx #HLX #energy #SMC
