Stock 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.
Stock 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.
Stock 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.
$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.
$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.
Stock 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.
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.
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...
$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
Stock 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.
The 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...
$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
The 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.
A Good VCP Breakout is seen with volumes in Anantraj.
1. After 9 months down trend starts from Nov 2020, Kotra are setting up a nice classic VCP since Sept 2021. 2. Today making a nice breakout from VCP set up. Hope price can sustain above 3.18 and challenge 3.44. 3. Price volume from left indicated that no major resistant ahead. Easier to move north. 4. Resistant at 3.44. If successfully break, possible...
Missed buy at pivot point. Stock is in an uptrend and drifting sideways around pivot and key moving averages.
BIRLACORP tightening up and has formed a VCP structure. Stock is drifting sideways around 21 EMA & has formed Inside day candles. Publishing for my own reference. Not an investment or trading advise.
$SEAS has been on the watch list for a while now and could be ready to move. Scan Criteria Does this stock meet my custom 12 point scan criteria? Yes Structural Checklist 1. Can a proven price patterns be identified? Yes, VCP 2. Is the 50D SMA trending up? Yes 3. Has price moved >20% since its last consolidation? Yes 4. Is the weekly RS above its...