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.
$BTC breaking away from anger for a small bear market rally. Could end anywhere between 25-30k. Breaking back and holding above 32k~ would be similar to breaking back 6k in 2019. Holding above 20.400$ on the daily is essential.
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.
All same color lines are idendical to eachother ( copies )
3 times since BTC's beginning, they have been pretty accurate with both time and angle ( on log chart )
is 4th time the charm , or was it the 3rd ?
We shall see
Recent IPO. "ESAB Corporation Completes Separation From Enovis and Launches as an Independent, Publicly Traded Company"
Breakout from a cheat area an IPO Base with VCP characteristics.
AVG: 50.59
Stop 48.50
Risk: 4.13%
Position Size: 8K
Overall Exposure: 16.80% Still very conservative, summing pilot positions one day at a time while trying to create cushion.
Might transition into a cup and handle but figured I'd try out what I see as a cheat entry on a cup here.
CVS has been making lots of new 52 week highs in the recent environment , which I find impressive. Also, its one of the few stocks that has been in green trading mode multiple times on my day trade strategy in the last several weeks while the market fell...
I had a starting position at a cheat level that I bought on a pullback.
A day or two on more tighter price actions going to strengthen the setup. Well, I like to add my position on the handle if it breaks out.
Scan Criteria
Does this stock meet my custom 12 point scan criteria? Yes, came through on my 40/40 Earnings Scans
Structural Checklist
1. Can a proven price patterns be identified? Yes, Cheat
2. Is the 50D SMA trending up? Yes
3. Has price moved >20% since its last consolidation? Yes
4. Is the weekly RS above its Zero Line? Yes and printing new 10...
The stock is outstanding. I like to see a breakout on the handle level very soon.
The price actions and fundamentals are all in line. This is a potential leader.
