VCP baseBeautiful VCP base.
Volume dry-up within the base and strong buying.
Trading above key moving averages.
RS score of 95.
Publishing for my own reference.
Not an investment/trading advise.
VCP
A possible miners VCP set up VCP characteristics in place ...
- above key lines
- first contraction already happened
- setting up another one ...
on short list now ....
$ZIM nice VCP patternI'm bullish on shipping sector and love the price action on ZIM, follows trend line and nice VCP patter (volatility contraction pattern)
Not much downside in the name either with other tickers down pretty big - RELATIVE STRENGTH !
PLUS
Dividend !
I like the R/R starting a position here with a stop loss just below the breakout level !
While we see stocks under a lot of pressure .... GOLD is shiningA very powerful setup we see on GOLD.
A classic VCP ... with tight stop loss we are above all key averages averages are rising.
Very VERY powerful.
Looking for breakout and i am LONG!
Volatility Contraction PatternPivot @1882.
Stock holding the 21 EMA.
Volume dried up significantly on the third contraction.
Publishing for my own reference.
Not an investment/trading advise.
VCP setupBreaking out of VCP action.
Good tightness in stock around pivot.
Inside day candles.
Not initiating a trade on this one as already in lot of other trades.
Watching this one!
Publishing for my own reference.
Not an investment/trading advise.
Base on Base formation with VCPBase on Base formation
VCP on 1 hour timeframe as well.
Inisde day candle.
Volume dry up on supply.
Pivot buy at 239.5
Tight SL at 227
Publishing for my own referene. Not an investment advise.
VCP structure.Stock is forming VCP structure.
Would like to see some closings near the pivot point to initiate long position.
Publishing for my own reference.
Not an investment advise.
ICIL - VCP structureStock has formed a VCP with supporting volumes.
Trading above the key EMA (trending) and drifting sideways on the final contraction.
Monitoring this stock as small cap index is indicating weakness.
Publishing for my own reference.
Not an investment advise.
VCP base in CENTURYPLYStock has formed a VCP base.
Drifting sideways near pivot and 21 EMA.
Inside day candles
No supply left as volme dries up on red days.
Pivot buy at 658.2
Publishing for my own reference.
Not an investment advise.
VCP setup in R SystemsStock has formed a VCP base.
Strong RS rating of 78
Low cheat pivot buy at 334.75.
Publishing for my own reference. Not an investment advise.
ASAHIINDIA - Cup & Handle baseStock is showing strength as compared to broader markets.
Volume spikes on accumulation and dry up on distribution days.
Drfiting sideways aroung the pivot.
Pivot buy at 586
Tight SL at 555
Publishing for my own reference. Not an investment advise.
VCP characteristicsStock has formed a VCP with strong RS.
Pivot buy triggered.
Didn't execute the trade due to weak broader markets.
Trading above key EMAs.
Volume dry up on distribution days.
Publishing for my own reference. Not an investment advise.
US Stock In Play: $UTZ$UTZ one of the few names in my WL that could hold its 50MA. base with inverse head and shoulder pattern.
decent fundamentals but key for me now is price action of name that could hold a market sell down.
US Stock In Play: $BABA (Alibaba Group Holdings Ltd.)$BABA is caught in a 15-month downtrend channel but there could be short term upside opportunity ahead.
trading above Q2 earnings VWAP & 10/20MA. also attempted to re-capture its 50MA, with MA convergences taking place. price action behavior is very similar to oct'21 period.
VCP setupStock has formed a VCP.
Drifitng sideways around pivot and 21 EMA.
RS rating of 70.
Pivot buy at 1974.
Publishing for my own reference.
Not an investment advise.
Aptus - VCP formation (IPO base)The tape has formed an IPO base.
Volume dries up as price compresses.
Shakeout on bases.
Tape is drifting sideways around 21 & 55 EMA .
Pivot at 355
Publishing for my own reference.
Not an investment/trading advice.
ROLEX RINGS - VCP formation (IPO base)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 for my own reference.
Not an investment/trading advice.
US Stock In Play: $UCTT$UCTT supported on its ATH VWAP support with a cup and handle pattern. Friday's high volume ($50mil dollar vol vs $20mil avg dollar vol) strong close at +7.6%, exceeds its ATR of 4.74%.
fundamentally strong company. what I dislike is that it doesn't trend cleanly on its 50MA
GULPOLY - VCP actionStock near to pivot of VCP.
Price compression along with volume dry up.
20, 50 EMA supporting the final contraction.
Target is in multiple of risk.
1/2 can be booked 1:2, remaining quantities on break of 10 or 20 EMA depending on your sell rules.
Trade at your own risk. Only for educational purpose.
3A VCP SETUP AGAINThe short base VCP formed during Oct 2021 were not solid enough due to lack of time compression.
It experienced correction and recently have nice price/volume interaction with 3 contraction below:
C1: -15%
C2: -6%
C3: -6%
Let's monitor if this week will formed another C4 above MA50 or not.
Disclaimer:
Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis . Trade at your own risk.
US Stock In Play: $GXO$GXO exhibited RS for the whole of this week. HVC out of its wedge pattern but still below ATH VWAP.
would be wise to take a position only above 50MA since it is just barely $2.50 away. it gives more affirmation to the momentum that it may be building up
TCI - VCP baseThe tape has formed a VCP base after a 100% run-up.
Volume dry up on red days indicating less supply and high volumes are indication of institutional accumulation.
Tape is drifting sideways around 21 EMA and has formed an inside candle
Pivot buy at 782
SL below mother candle low @789
Publishing for my own reference.
Not an investment/trading advice.
