I have a position today December 14, 2023 The reasons: 1. Low-risk pivot point 2. The stock went up >100% within 8 weeks 3. It corrects only 13%, indicating big institutions are unwilling to unload their position 4. High relative strength, outperforming the general market 5. The stock is moving on its own universe, marching to its own drummer 6. Volume dries...
I bought my positions today November 27, 2023 The reasons: 1. Low-risk entry point 2. The stock offers the first buyable base after an IPO 3. Tight and clear pivot point (a cup with handle) 4. High relative strength stock 5. It acted strong against the general market The flaws: 1. The general market is still in hard-penny environment 2. Most individual setups I...
I bought my positions today October 26, 2023 The reasons: 1. Low-risk entry point 2. The stock offers the first buyable base after an IPO 3. Tight pivot level/line of the least resistance 4. High relative strength stock 5. It acted strong against the general market The flaws: 1. The general market is still in hard-penny environment 2. Most individual setups I...
I bought my positions today July 10, 2023 The reasons: 1. Low-risk entry point 2. The stock offers the first buyable base after an IPO 3. Tight pivot level/line of the least resistance 4. High relative strength stock 5. Volume dries up before the breakout, a 1-2 punch. The flaws: 1. The general market is still in correction 2. Most individual setups I...
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. Tight pivot level/line of the least resistance 4. High relative strength stock 5. Entry point at low cheat area The flaws: 1. The general market is still in correction 2. There is still a huge overhead supply on the left...
I bought my positions today June 15, 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 low cheat level 6. I got an 80% win rate on a primary base setup 7. Reference case: Google's IPO
I bought my positions today June 15, 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 low cheat level 6. I got an 80% win rate on a primary base setup 7. Reference case: Google's IPO
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 positions today March 28, 2023 The reasons: 1. Low-risk pivot point 2. A quintessential VCP setup 3. The stock has very tight and crisp buy point 4. Volume dries up as indication of less supply coming to the market 5. The stock closes good after the breakout today 6. High relative strength I bought it perfectly today, and the stock immediately...
I bought my positions today March 13, 2023 The reasons: 1. Low-risk pivot point 2. The stock reset its pivot level 3. The pivot point has an inside day 4. High volume on the breakout 5. High relative strength I re-enter my position back today after the stock reset its pivot point into more constructive price action.
I bought my positions today February 14, 2023 The reasons: 1. Low-risk pivot point 2. The stock offers the first buyable base after an IPO 3. IPO base on low cheat entry 4. High volume breakout The flaws: 1. The stock still needs to encounter a big supply on the left side 2. Stock squatted to pivot level I like to see some follow-through in the upcoming days.
I bought my positions today February 8, 2023 The reasons: 1. Low-risk pivot point 2. The stock offers the first buyable base after an IPO 3. IPO base on low cheat entry 4. High relative strength 5. High volume breakout I bought the final position today as I have accumulated my position incrementally beforehand.
I bought my positions today January 25, 2023 The reasons: 1. Low-risk entry 2. The stock offers its first buyable base after an IPO 3. Ascending bases from IPO 4. High relative strength The flaw: We're in a hard-penny environment, and the general market is still correcting.
I bought my position today The reasons: 1. Low-risk entry 2. IPO base on low cheat pivot 3. Similar to Google's IPO in August 2004, $OMED in the weekly timeframe looks more similar. Flaw: The general market is currently declining, the breakouts prone to failure.
I secured my position today The reasons I bought the stock: 1. Low-risk entry 2. IPO base at a low cheat level 3. Consist of the double-bottom fractal, a small pattern within a base. The stock reminds me of Twitter's IPO in November 2013 and Murni Sadar Tbk (MTMH) in May 2022.
I have position today Why I bought the stock: 1. Low-risk entry 2. First buyable base 3. Low cheat pivot level 4. Tight price action.
Notes: * Steady up trend in a bear market * Nice earnings for the past to quarters * Recent IPO * Looking to break above its IPO base * Printed a pocket pivot, indicating institutional buying * Offering an early entry relative to its 50 day line * Sitting just above a pivotal level of 43.9 and holding it as support for the past several sessions * IPO base...
Recently listed IPO breaking out from the first base shows the recent demand for the script. Purely for swing purpose. can Head higher to 385 - 485 levels in coming days. PS - Views are personal and for educational purpose only.