The Setup:
Amphenol (
APH) is putting on a masterclass in relative strength, holding up beautifully through the market correction. The stock is carving out a massive 10-month base with constructive shakeouts on the weekly chart signaling institutional accumulation. Price has executed a clean pullback to the previous breakout level and the rising 50-Day MA. Since there is no high-volume breakout just yet, the strategy is to build a pilot position here and add on pullbacks to the 20-Day and 50-Day SMA.
Reasoning:
Amphenol (
APH) is putting on a masterclass in relative strength, holding up beautifully through the market correction. The stock is carving out a massive 10-month base with constructive shakeouts on the weekly chart signaling institutional accumulation. Price has executed a clean pullback to the previous breakout level and the rising 50-Day MA. Since there is no high-volume breakout just yet, the strategy is to build a pilot position here and add on pullbacks to the 20-Day and 50-Day SMA.Reasoning:
- 10-Month Base (Massive structural energy storage)
- Weekly Shakeouts (Cleared out weak hands and confirmed accumulation)
- Pullback to rising 50-Day MA & Breakout Level (Low-risk support entry)
- Elite Fundamentals (Record ROI, EPS, and revenue growth)
- Execution Strategy (Build pilot now, add heavily on 20/50 MA pullbacks)
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Software Engineer at Google | Get my trade ideas straight to your inbox.
👉 profitpunch.org
👉 profitpunch.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.