Setup: PowerPlay VCP: 4W 14/5 2T RS: 98 Contraction 2 is setting up after the turn (trendline). China stocks are leading! The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example,...
Setup: PowerPlay VCP: 3W 29/7 3T RS: 99 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the...
I bought the stock today (19.12.22) The reasons I buy: 1. Low-risk entry 2. The stock is up >100% in less than 8 weeks 3. Good-looking power play setup 4. Strong reversal as a supportive action on 13.12.22 5. Low volume in, high volume up This is a classic power play setup with monstrous potential.
I bought the stock today (20.12.22) The reasons I buy: 1. Low-risk entry 2. The stock is up >100% in less than 8 weeks 3. Corrected the least during the pause 4. Current IPO stock The stock doesn't affect by the general market, a strong sign of a leader.
I bought positions today The reasons: 1. Low-risk entry 2. Power-play setup on a low cheat entry 3. Stock moves up >100% in 8 weeks 4. Corrected the least <25% 5. High alpha stock Flaws: 1. Squat after a breakout 2. Lack of volume on the breakout
- I like the powerful move it is sustaining - Volume signature is looking great - Strong industry group
PJBUMI setting up powerplay pattern. Gain >100% and pull back around 15%. Let's monitor if momentum able to sustain. Price/volume interaction looks solid. Take note QR this month end. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the...
This is a Power Play (High tight flag) setup. We had advancement of +150% and Correction of -15% Relative Strength is outperforming the market Volume is mostly bullish Bought on 28OCT and added on 31OCT Formed a Cup and Handle Base on top of the Power Play
TELADAN setting up powerplay since end July. Price sideway for almost one month. Will it breakout and go for another rally? Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
I secured my positions today from a velocity play. This is my second attempt playing this move. The stock broke out today on huge volume, strong relative strength, and excellent price action (power play and cup with handle).
👉Name is holding great through the market sell off 👉The RS line up is showing outstanding relative strength 👉The stock has made a whooping +184% advance while the market sells off 👉The participants who pushed the price up do not want to sell <20% decline in price 👉Volume indicator we see a massive volume bar (this aint Aunt Betty across the street) Not at a buy...
I have pilot positions on 12/8/22, I plan to build my position incrementally in this power play setup. However, I can't add to my position today as the stock moves rapidly leaving my buy order.
I secured my position today on a velocity play. An explosive move happens in a very short period of time, this is the first buyable area after the IPO.
I got a position today, coming from a power play. I enter the trade at its low cheat pivot. I've set my stop very tight due to this hard penny environment.
I got a position today on the breakout. It turns out not working well, I get out immediately also today at -9% loss on slippery.
Not a VCP but this is one of the setups that M. Minervini also talks about, the so called powerplay. Time to wait for a proper base - with VCP characteristics. Then it has got energy to go further! Keep it on your short list - we are not ready yet!
$LI continues to evolve. * Sitting at bottom of the range (support) * Also coincide with 21 EMA (support) * 3 day pullback on declining volume (positive) * Potential short term trend line break tomorrow Lots of eyes on this but also lots to like.
I secured my position today, a pilot buys right from a low cheat level in a power play.