This is a classic cup and handle with VCP characteristics.
The stock has developed a very tight price action on the right side. It also has a strong fundamental basis.
The stock has developed a very tight price action on the right side. It also has a strong fundamental basis.
Trade active
Sold half into strength a decent +14% gain on 20/10/22. I'm freerolling the rest now.Trade active
Sold another half into strength a +20% gain today. I'm freerolling the rest now.Trade closed: target reached
Got out on my last position today at +7% gain as the stock hit my backstop, it's a bit slippery on ARB.
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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.