I secured my positions today. The stock is finally set up for a classic VCP. It keeps getting tighter around that line of supply until it breaks out today.
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.
$EE - Utilities newly IPO-ed during the weakest phase of the market. 7 wks basing pattern within a 25% range from IPO price displays resilience in price action traded to its ATH with two days of v
The tape has formed an IPO base. Volume dries up as price compresses. Tape is drifting sideways around 21 EMA. Inside candles. Pivot buy at 1194 SL below mother candle low @1130 Entering half qualtities at CMP 1170; rest half at buy-stop price of 1194 as having conviction that price will breakout from pivot, will exit if mother candle low is broken. Publishing...
IPO base breakout. Fundamentally very strong. Refer the chart for details.
* Great accelerating earnings * Breaking out of its IPO base * High 3-month relative strength in the Tech sector * Using the broken resistance of the IPO base as support * Formed a cup and handle pattern * Holding up really well even in a correction * Has been consolidating right above broken resistance for the past 4 weeks. * Maximum probable ROI is ~41% * Depth...
* High relative strength * Breaking out of IPO base with slightly higher volume than average * May consolidate and use $90 as support before moving higher.
* General up trend * Breaking out of a 2 month IPO base * First broke the 30.40 level and turned it to support. Then broke the 31.13 level and has been testing it as support for the past 6 days. * High relative strength; relative to the real estate market. * Breaking out with higher than average volume * Still close to the broken level.. Great time to buy
GoodRx is a free-to-use service that allows Americans to find the lowest-cost prescription drugs in their area. The company makes money by receiving a commission for every prescription order filled via its coupons, which are accepted by nearly all 70,000 pharmacies across the country. -Most Downloaded medical app in US with 4.8/5 rating(700,000+...
Potential IPO base "90 seconds to get insured. 3 minutes to get paid" If you haven't already noticed, we are living in a world of immediate gratification. Insurance is just another sector that's ripe to be disrupted by better efficiency. TA, - Increasing volume and consolidating at previous highs $69. FA, - Disrupting the archaic industry of insurance -High...
Chinese company operating in the financial services with great fundamentals.