Just another one that sticks out. Again earnings is soon
A lot of the tickers I'm watching have earnings soon. Guess it's just that season. Volume has been declining. Looking for some volume to come in. RS isn't great but towards a 2 week high.
What I'm seeing: it broke out as expected. Looking for some sustained higher volume. Looking for the RS to turn up. It has been running flat for while. I am new to trading VCP patterns. Just trying to document as I learn. Would appreciate feedback from those that are experienced trading Mark Minervini VCP.
Sign of Strength in the chart: 1. VCP in re-accumulation 2. Double NS at support 3. High volume at resistance 4. Green Pentagon above 20/40ma Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart: 1. VCP in Re-accumulation 2. Pullback to re-test support 3. Continuation in Uptrend Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
There is VCP development in MMC with below contraction: C1: ~20% C2: ~8% C3: ~6% Lets see if able to breakout today! Logistic + Construction theme Disclaimer: The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying...
GREATECH seem to have VCP development with below contraction: C1: ~25% C2: ~6% C3: ~6% With recent QR, profit new high with 49% profit margin. Company prospect looks good as well on the EV battery which are future trend to go green energy. Disclaimer: The content provided is my personal experience sharing through technical and fundamental analysis point of...
I shared an article on SYSCORP VCP previously at Feb. Achieve 30% gain that round. (Link to previous article in below) Same setup is observed now with below contraction: C1: ~29% C2: ~14% C3: ~6% Good signal triggered on 30 April 2021. Let's see if next week will attack or not. Risk: 7% Note: Logistic Index got something brewing. The content provided is my...
Simple Price Action analysis. Awaiting a breakout from the VCP with a MACD crossover.
Seeing a Volatility Contraction Pattern (VCP) from the 3 hour time frame with a Parabolic SAR switching below the candles. I'm very bullish on OCGN since during the April 30th overall market bearishness, OCGN holds its place and is the only green candle in my watchlist. Another thing to look is from the weekly time frame which in my technical analysis using the...
Watching closely at this constructive pattern, very interesting tight price action.
Sign of Strength in the chart: 1. Reaccumulation with VCP Setup 2. Break out above UT 3. NS signal at Pullback Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
ENGTEX observed to have VCP development with setup below: C1: ~32% C2: ~18% C3: ~9% C4: ~6% Today breakout with huge volume. Go go go! Less than 7% risk. Disclaimer: The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation...
NASDAQ:NIU has good footprint forming a VCP in the last 13 weeks while above the 200 day moving average. Is not the best type because I like to see this with price also above the 20 and 50 day moving average, but still is worth to look at. Is very possible that a good rally is on the way. Also, the stock has a 92 rating for the IBD Relative Strength; one of the...
After completion of a Wyckoff re-accumulation, these 3 Malaysia technology stocks - MYX:D&O MYX:QES and MYX:REVENUE set to rally to higher price targets. In this video, you will find out the revised price targets based on the Point & Figure price target calculation together with potential entry based on breakout trading or pullback trading strategy.
The price of KRAKEN:XBTUSD its being forming the volatility contraction pattern (VCP) while above the 50 day moving average, good sign. The price has been trying to breakout above 62k, if that happens I think I´ll add to my position in OTC:GBTC , which is also forming the same pattern. The bad thing is that the last 3 trading days the price closed below the...
Property sector shown movement recently and KPPROP has developed its VCP with setup below: C1: ~25% C2: ~7% C3: ~3% Recent price to volume interaction is good sign to indicate that it might fly to moon soon. Lets see! Disclaimer: The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only...