I would like to buy call ANCOM because of various technical indicator below: 1) Up trend stock based on daily chart MA50 above MA200. And the price currently also above MA50 trend line. 2) VCP pattern observed as well. The 1st contraction is huge which are around 50% follow by 2nd, 3rd, 4th, 5th and 6th contraction that are getting smaller contraction (<10%)....
Order set to buy AEP at 86 as it breaks about the current pivot point, tight stop at around the 83.50 mark. No initial target.
#LTTS CMP 1652 Long suggested above 1680. Stop 1600 Target Open #VCP #Volatilitycontractionpattern
Cmp 2759 Long suggested above 2820 Stop 2570 Target Open Rationale: Weekly : 1) Passes Mark Minnvervini's trend template 2) Price closes above quarterly pivot zone. 3) Pivot based EMA Oscillator (PEMA OSC) color change indicates a possiblity of next leg of upmove. Daily: 1) Next period (monthly pivot) Pivot zone for daily charts is very narrow, suggesting a...
A buy stop order has been set in $LLY at 116.60 following the formation of a VCP pattern within a very tight base. Initially looking for a 2:1 risk-reward.
I have an order to buy long $OMCL at $75.10 following a VCP style base breakout. Initially looking for 2:1 risk-reward.
Jayant agro is all set to fire
Long ILG following the breakout from the base showing VCP characteristics. 10% target, will cover before earnings.
CMP 287 Long suggested at CMP Stop 270 Target Open Technical logic: 1) Monthly Chart has a #VCP pattern breakout (Current month not complete. Breakout happened on the first day of the month, ie, today). Today's volumes are greater than the entire previous month's volume suggesting that smart money has flown into the stock. 2) Weekly chart has a Cup and Cheat...
CMP 621 Long suggested ONLY ABOVE 650. Stop 590 Target Open Technical logic: 1) Stock has been in a strong uptrend with stock above key MAs. 2) Stock has been consolidating from 52 week highs and during consolidation process has dropped 28% in the first swing, 22% in the second swing and 11% in the third swing indicating a VCP in progress along with volume...
CMP 4240 Stop 4025 Long suggested above 4320 Target Open Logic Daily chart Volatility Contraction Pattern along with volume contraction seen.
CNX SMALLCAP 7666 Volatility contraction pattern seen. Looking for a move towards 7780. A move above 7800 could be very positive as it would be crossing 200 day MA. Time to go long on small cap scrips that pass the trend template and that exhibit patterns (VCP, Cup & Handle, W, Pole and flag, etc).
Following the base breakout of CMTL along with a huge decline in volatility prior to the break, long with a target of 10%. Will cover position prior to earnings.
BOMDYEING CMP 268 Long suggested above 275-277 levels. STOP 250 TARGET OPEN Logic: Daily Chart Volatility Contraction Pattern (VCP) Weekly Chart Cup with Cheat pattern