- Run up and settle - Sitting on 5MA - High RS - High ADR - Biotech
I bought my positions today March 28, 2023 The reasons: 1. Low-risk pivot point 2. A quintessential VCP setup 3. The stock has very tight and crisp buy point 4. Volume dries up as indication of less supply coming to the market 5. The stock closes good after the breakout today 6. High relative strength I bought it perfectly today, and the stock immediately...
I bought my positions today March 28, 2023 The reasons: 1. Low-risk pivot point 2. This is the first buyable base after an IPO 3. Long base VCP setup 4. Volume dries up as indication of less supply coming to the market 5. 1 - 2 punch with huge volume on the breakout 6. The weekly-base looks even more attrative The flaws: 1. The stock still has to absorb a lot...
I bought my positions today March 30, 2023 The reasons: 1. Low-risk pivot point 2. The stock offers the first buyable base after an IPO 3. Explosive run, up +300% after the IPO 4. The correction/pause has VCP characteristics 5. Volume dries up, indicating supply stopped coming to the market Flaws: 1. Stock closed squat 2. Lack of volume on the breakout So...
$FSLR later stage base but right side tight again. May take a stab at it.
$XPON pullback set-up at the 20D SMA. Very thin volume but nice set-up as it has surfed the 20D for the entire 600%+ move. Strong industry as well.
MFLOUR I first share on 13th Jan seeing this stock entering stage 2 with huge volume since end 2022. Then i shared on 30th Jan on observing short base VCP setup. (link on previous 2 articles in below) The VCP base continue to develop and recently pull back deep to form a C2. It might form another C3 before take off. (Based on VCP experience so far) Keep an eye...
VIS setting up POWERPLAY pattern. Stock price gain >100% in 2 months. Price under correction for almost a month. Price and volume action still rigid. Low risk entry point. Risk is <6.5%. Will it be another Gem of the year? Let's see. Another stock in radar is MFLOUR. Disclaimer: Information presented here is not intended to be used as the sole basis of any...
MFLOUR I shared on 13 Jan and updated the progress in the earlier post. Short based VCP observed! C1: 14% C2: -6% C3: -3% Might have another round of contraction or might breakout and pull back. Depend on how the fund operators want to execute. Let's wait and see. Disclaimer: Information presented here is not intended to be used as the sole basis of any...
PPHB VCP setup since Sep 2022 with below contraction: C1: -20% C2: -5% C3: -7% Volume seen to enter in 3 phases (Sep, Begin of Nov and End of Nov). Something definitely brewing. MASTER already fly high. Will PPHB follow next? Breakout on 29th Nov and pull back to re-test the previous resistance as support. My previous VCP setup sharing was SFPTECH. Can refer to...
MASTEEL double bottom spotted on the left (red box) experiencing downtrend stage 4 for more than 500 days. Huge volume spotted since Nov 2022 and chart reversal from stage 4 to stage 2. VCP setup on the right (green box) for more than 2 months with contraction below: C1: -20% C2: -13% C3: -6% Price breakout on 26th Jan and experiencing a pullback to re-test the...
PECCA appear in the screener and look at this huge base >600 days VCP setup. C1: -44% C2: -16% C3: -3% QR yet to released, based on the early volume and price movement, expected good QR that will be released on 27th or 28th. Let's see if pull back after QR for better entry point or not. Anyone spotted this stock too? Disclaimer: Information presented here is...
$LW eight week base after run up on earnings beat. Riding the 20-Day, getting fairly tight with a decent close today considering market conditions.
Some nice "tennis ball" action (as @MarkMinervini likes to call it) on $PERI post-earnings.
Watch list for the Feb. 21 $BTAI $BURL $DOV $DKS $SYK $ESAB $STLD $NUE $BLDR $AEHR $SCCO. Earnings out front of some of these. $RXDX $MCHP $ELF and $MSI shaping up nicely.
YPF could make a move out of decent base. Price and volume contraction coming into the 20-day
ERF pivot right above the 20 day. Price and volume contraction mving into the pivot area.
Price contraction moving into a tight pivot area. Good volume dry-up into pivot and coming into the 20-day SMA.