PECCA weekly chart got below setup: Left side: Double bottom Right side: Higher low, entering stage 2 This counter entering stage 2 since end July. Currently setting up a higher low. Not yet a solid entry point but is good to start monitoring the movement. I will update again later in below when the time come. Stay tune. This is our routine as a Trader!...
This is a classic cup and handle with VCP characteristics. The stock has developed a very tight price action on the right side. It also has a strong fundamental basis.
I have positions today The stock breakout of a VCP setup with a very tight right side pivot level. It also has strong earnings and high relative strength.
BJFOOD setting up VCP with below contraction: C1: -29% C2: -14% C3: -7% Chart further stand solid after the split. Volume look decent lately on 15th and 19 Sep. Let's see if able to breakout the C2, C3 and C1 as well. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as...
HEXIND developed VCP with below contraction on the left: C1: -21% C2: -14% C3: -5% C4: -4% On the right, price breakout with volume on 2 Sep. Correction occur to test new support on 12, 13, 14 Sep. After correction, price and volume setup again with 6.5% RISK. Let's see how it will develop. Can refer to my previous VCP sharing link below for CFM,...
The VCP pattern is in formation. It's not yet the time to pull the trigger though, it needs some more time to develop the last wave.
Adtalem Global Education is a leading healthcare educator that partners with organizations to address workforce needs and empower career development across the medical and healthcare industries. I've been watching this stock for a while and finally is signaling an actionable pivot buy. Price is close to its 50-day MA which can act as a good support level. I'd...
This is a VCP breakout with strong fundamental basis. I got my positions today from a tight pivot area. I secured my first buy on 10/10/22 and pyramided up into my position today.
HEXTAR was one of my best trade in 2021 with a compound % gain of 74%! All 3 trades back then in 2021 were just using VCP. You guys can see the link below that i shared last year Jan 2021, July 2021. I didn't share on TradingView during November 2021 setup but I do trade and update members in my weekly stock pick. AGAIN, VCP is developed since April 2022 with...
I have positions today. This is a long base VCP setup: 1. The stock is in a confirmed stage 2 uptrend, within 18% of the 52-week high. 2. Low-risk entry. 3. High RS Line. This setup looks even better in the weekly timeframe.
BJCORP with “new young talents/ directors / restructuring” after a “big rally” on 2021, possible forming a consolidated “base” which is a “cup/spoon” pattern for few years..
TIMECOM weekly chart observed below setup: Left side: Double bottom (C1: -16%) Right side: Higher low (C2: -9%; C3: -6%) Can add into monitoring list. Wait to breakout C1 with good volume. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the...
I secured my last position today on a long base VCP setup. This setup took a year plus to develop until it finally came to this tight VCP action.
I got my pilot position on 30 Aug 2022. The stock breakout of that majority line of supply. Today, I don't add to my position due to my progressive exposure plays. I'm not getting so aggressive yet.
I got my pilot position on 2 Sep 2022. The stock broke out of a classic VCP setup, it also has strong fundamentals.
Optimax. Possible forming a VCP aka cup and handle pattern.
I initiated a pilot position on 12/9/22 from a pullback to the 3rd contraction of VCP. I expect it to tighten up more for the last contractions (4T), but it doesn't happen.