Setup: PowerPlay VCP: 3W 21/4 3T RS: 97 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the...
Setup: PowerPlay VCP: 7W 25/4 4T RS: 93 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the...
Setup: PowerPlay VCP: 6W 19/5 3T RS: 99 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the...
Setup: Rocketbase VCP: 5W 39/6 4T RS: 98 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the...
Setup: RocketBase VCP: 9W 38/4 4T RS: 89 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the...
VCP: 2W 24/3 3T The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The last...
VCP: 21W 59/7 4T The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The...
VCP: 4W 11/6 3T The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The last...
Setup: Trendline break, VCP VCP: 41W 27/4 4T RS: 55 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing...
MTAG price become STAGE 4 and gone down 50% since 15 Feb 2021. MTAG price at STAGE 1 for almost 1 year. Recently seeing volume spike with price spike indicating MTAG entering STAGE 2. Overall setup looks good! Will it sustain and go up further? Let's monitor. Disclaimer: Information presented here is not intended to be used as the sole basis of any...
Setup: PowerPlay VCP: 4W 14/5 2T RS: 98 Contraction 2 is setting up after the turn (trendline). China stocks are leading! The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example,...
Setup: PowerPlay VCP: 3W 29/7 3T RS: 99 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the...
VCP: 6W 29/7 3T RS: 98 Had a breakout on Friday The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4%...
VCP: 11W 14/2 4T RS: 75 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction....
In stock market, is very important to know what the stages the stock currently in. Different stage will apply different strategy. We always look for STAGE 2 stocks as they are lesser risk and lesser waiting time. GREATEC experience stage 4 for almost 1 year due to bad sediment in technology sector in 2022. Technology sector is recovering end 2022 and GREATEC is...
SLVEST is one of the big profit stock that i traded back then in 2020 based on VCP setup. I used to call this stock as SolarBest. :) Chart entering stage 4 since Mar 2021 till Nov 2022 which was around 616 days. Recently volume started to kick in and the chart seem turning back into stage 2. I also like the renewable energy sector where recent year lot of...
MFLOUR i traded back then in Jan 2021. Exact date will be 18 Jan 2021 when the chart setting up VCP. The trade went pretty good profit ~30%+ The chart after that went to Stage 4 downtrend since Feb 2021 till Nov 2022 (which is 600 days+). During this period of time, it is not appearing in the screener at all. End Nov 2022, volume and price both kick in and the...
$MRC setting up again. Looking for a sideways action around here, an inside day or two would be ideal to setup a pivot long.