I bought my positions today
January 15, 2024
Reasons:
1. Low-risk entry point
2. Confirmed stage 2 uptrend
3. Coming from a cheat area with a pause pivot
4. Dried-up volume, indicating all the selling has been exhausted
5. The stock is up 380% since the IPO, very strong leader
6. More stocks are setting up and breaking out
Flaws:
The market is still in a...
I bought my positions back today
October 26, 2023
The reasons:
1. Low-risk entry with a crisp pivot point
2. The stock is up >100% in less than 8 weeks
3. Corrected the least during the pause, less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. A high alpha stock with a low standard deviation
6. One of the leaders in...
I bought my positions today
June 19, 2023
The reasons:
1. Low-risk entry point
2. The stock offers the first buyable base after an IPO
3. It has a very tight pivot level/line of the least resistance
4. High relative strength stock
5. Entry point at cheat area
The flaws:
1. The general market is still in correction
2. Lack of volume on the breakout today
The...
I bought my position today
February 3, 2023
The reasons:
1. Low-risk entry
2. Coming from a textbook low cheat setup
3. Recent IPO stock
4. High relative strength
The market has started to work fine. I can tell it from my last 4 profitable trades.
I have pilot positions today
The reason I bought the stock:
1. Low-risk entry
2. Cheat pivot area
3. Confirmed stage 2 uptrend.
Flaw:
1. Lot of failed cheats in this current market.
I have position today
The reason I buy:
1. Low-risk entry
2. Very tight pivot area
3. Low cheat tight level
4. VCP characteristics
5. High relative strength.
Flaw:
1. A lot of trapped buyers on the left side (40% decline)
I will play this moves for a quick trade.
I have positions today
The reason I buy the stock:
1. Low-risk entry
2. It is forming a low cheat area
3. It has VCP characteristics
Flaws:
1. It has big overhead supply on the left side (40% decline)
2. Not a good breakout with squat.
I have positions today
The stock breaks out of low cheat setup. it has:
1. VCP characteristics
2. Low risk entry point
3. Long base setup
4. Super tight right-side price action.
It closes not so strong, but the breakout has a huge volume.
I got a starting position today at the first move of UNVR after encountering a huge decline.
The stock is in a confirmed stage 2 uptrend, low-risk entry, and just broke out of a cheat level.
I had my starting position at the low cheat level on 17th January 2022.
This is a textbook low cheat setup, I like to see if it can hold up and move in a long direction.
