I have my positions March 19, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has gone through a majority line of supply 4. A breakaway move, first breakout of a confirmed stage 2 uptrend 5. High relative strength 6. Volume dries up as less supply coming to the market Flaws: 1. The market is still in a hard-penny environment, not much...
I bought my positions today February 12, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has gone through a majority line of supply 4. An early IPO stock to has big upward momentum to considered a leader in this type of market 5. High relative strength 6. Volume dries up as less supply coming to the market 7. A decent volume on the...
I have my positions February 5, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has gone through a majority line of supply 4. A very clear supply coming right across the red line where all the action happen as far as where it's been denied 5. High relative strength 6. Volume dries up as less supply coming to the market 7. A huge volume on...
I bought my positions today January 4, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has gone through four majority line of supplies 4. Offers multiple entries at a cheat area and a handle 5. The base has VCP characteristics 6. High relative strength 6. Volume dries up as less supply coming to the market 7. Huge volume on the...
ASX:BXB Simple price action analysis for Brambles stock listed in Australian market gives you clear understanding how VCP pattern works I don't have position , no recommendation
I bought my positions today January 4, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has gone through a majority line of supply 4. A breakaway move, the first breakout after the stock in a confirmed stage 2 uptrend 5. High relative strength 6. Volume dries up as less supply coming to the market 7. Huge volume on the breakout Flaws: 1....
The stock is in a strong uptrend in all Higher time frames. The RSI is above 60 in D,W,M. The stock is showing a volatility compression in Daily timeframe. One can look to enter at 118 and look for swing targets of 128, 137, 150.
The stock has compressed and poised to move out of the compression zone. One may consider to enter at around 2600, target 2720 and further trail.
I bought my positions today January 8, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has gone through a majority line of supply 4. Dried-up volume, indicating all the selling has been exhausted 5. Huge volume on the breakout 6. Strong fundamental basis with triple digit percentage earnings Flaws: 1. The market is still in a hard-penny...
I bought my positions today September 18, 2023 The reasons: 1. The stock offers a low-risk entry point 2. It developed a textbook flat base setup 3. It has VCP characteristics 4. It has a high relative strength 5. It outperforms the general market 6. Volume dries up and huge volume on the breakout Flaw: The market is still in a hard-penny environment with...
Novo Nordisk is emerging from a textbook volatility compression pattern (VCP) - the setup made famous by Mark Minervini. Notice the series of progressively shallower pullbacks from left to right as supply has been absorbed by buyers. NVO is a market-leading stock by all accounts. Shares are up 75% over the last twelve months with no signs of slowing down. This is...
I bought my positions today October 12, 2023 The reasons: 1. Low-risk entry point 2. Prior strong upside move 3. Has gone through a majority line of supply 4. A breakaway move, the first breakout after the stock in a confirmed stage 2 uptrend 5. High relative strength 6. The stock explodes 83% while the market only goes up 2% 7. Volume dries up as less supply...
I bought my positions today July 20, 2023 The reasons: 1. Low-risk pivot entry 2. A quintessential long-base VCP 3. The stock is at its all-time high with a six months base 4. It is in a confirmed stage 2 uptrend 5. It developed a crisp setup during the market correction 6. It has a high relative strength line Flaw: The general market is still declining I'm...
I bought my positions today October 1, 2023 The reasons: 1. Low-risk entry point 2. Prior strong upside move 3. Very clear and crisp pivot point 4. One of the leaders in the current market 5. Stock explodes >100% while the market only goes up 6% 6. High relative strength Flaw: 1. Hard-penny environment 2. Bad close, stock squats after the breakout I like...
CLOUDPT developing good price/volume movement after 98 days from IPO. Volume increase when price hike and volume decrease when price correction. (wash out) Let's see if i am right. Awaiting solid breakout and stand firm above 0.625. Disclaimer: For educational purpose only, not buy/sell recommendation. Trade at your own list.
I bought my positions today October 6, 2023 The reasons: 1. Low-risk entry with a crisp pivot point 2. The stock went up >100% in less than 8 weeks 3. VCP characteristics during the pause 4. The pause has less than 25% correction 4. Volume dries up as a sign of less supply coming to the market 5. Good close and Huge volume on the breakout 6. A high alpha...
I shared PANTECH chart back then in 30th March (link below). The breakout doesn't last long and sell out was triggered due to break support. This is a breakeven trade back then. The chart that formed a double bottom. And recently higher low is observed with volume start to come in. QR look decent too. Will PANTECH further attack? Disclaimer: Information...
I bought my positions today August 25, 2023 The reasons: 1. Low-risk entry 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. High alpha stock with a low standard deviation 6. It has VCP characteristics 7. Huge volume on the...