🧮Fundamentals:
📐Technicals:
💰Trade:
Pricing a buy around $237 area IF we open on strong volume
Stop level will be $223 (around -5% from open)
Looking to make at least 2:1 Reward to Risk. Moving Stop loss to break-even at $252 level
- Strong fundamental with recent report surprising expectations
- Earnings: +50%
- Sales: +17%
- Gross Margin: +43.2%
- Institutional support: +523 funds (increasing over the last 5 quarters)
- Industry group: Top performing group (#16/200)
📐Technicals:
- VCP pattern (volatility contraction) as per Minervini methodology
- Stage 2 uptrend as per Stan Weinstein methodology
- Ongoing pocket pivots as per Dr.K and Gil Morales methodology
- Tightening around ATH (-3.75% from ATH)
- Probing resistance area
💰Trade:
Pricing a buy around $237 area IF we open on strong volume
Stop level will be $223 (around -5% from open)
Looking to make at least 2:1 Reward to Risk. Moving Stop loss to break-even at $252 level
Trade active:
The idea posted from yesterday is working according to plan.
We observe the following behvaiour
✅ Confirmations
9/15 Days up
9/15 Good Closes
4 Higher Highs
Up on +50% Volume
2 Weekly Higher Highs
❌ Violations
No violations
Follow for more
We observe the following behvaiour
✅ Confirmations
9/15 Days up
9/15 Good Closes
4 Higher Highs
Up on +50% Volume
2 Weekly Higher Highs
❌ Violations
No violations
Follow for more
👉 I provide FREE EDUCATION + COURSES here: tintintrading.substack.com/
👉 I share my TRADING everyday here: discord.gg/gTmcqWyWWe
👉 I sell premium indicators here: tradingviewindicators.net
👉 I share my TRADING everyday here: discord.gg/gTmcqWyWWe
👉 I sell premium indicators here: tradingviewindicators.net