I have my position today
The reasons I bought the stock:
1. A classic VCP setup
2. Low-risk entry with a single-digit risk
3. The stock is in a confirmed stage 2 uptrend
4. Price action and volume contract from left to right
The reasons I bought the stock:
1. A classic VCP setup
2. Low-risk entry with a single-digit risk
3. The stock is in a confirmed stage 2 uptrend
4. Price action and volume contract from left to right
Trade active:
The stock squatted today. However, for a perfect scenario of this stock, I like to see a pivot-reset for the last contraction of the VCP. Then, it will strengthen the stock even more.
Trade active:
I sold into strength today at +19% profit on half.