Many gurus & group have already done their analysis on the future prospects of the company so let's talk about the technical part of the share movement of the company for the past 8 months. From 0.20 to highest 1.05 in just 2 months with return of approx 450% during early of the year 2021, I believe many investors and traders have benefited from the drastic share...
The script has broke out from the resistance, retraced and showing continuation from resistance turned support. It has formed a VCP pattern as well. Tight candlesticks before breakout indicating supply absorption. Looks good for a swing trade. Only for educational purpose.
The commercial bank is making an ascending traingle, or a volatility contraction pattern. Volume is been declining throughout the formation and the price is above the 21 and 50 day MA. Also, has a IBD relative strength rating of 93. These are good technicals. Next week reports earnings and the estimates are a $0.60 EPS, anything could happen after that report. I...
Selection of US listed stocks meeting Mark Minervini's trend template and showing signs of VCP (Volatility Contraction Pattern). Recorded on Oct 18th.
In the attached recording we share with you the results of the weekend chart study. A list of stocks meeting M. Minervini's trend template. We also share those where we see some VCPs. All studies are done solely by us and based on great books written by Mr Minervini who remains to be an inspiration for us.
After NYSE:AWR made a good breakout with a break away gap from a Volatility Contraction Pattern, is making a good and strong follow through. Also, the MACD is positive and going up. The quotient against the SP:SPX shows good realtive strength against the market; IBD Investors gives a 72 relative strength rating, and is #3 in its industry group. NYSE:AWK ...
Sign of Strength in the chart: 1. Re-accumulation with VCP setup 2. NS signal near support 3. Weekly chart holding at support Case Study: 1. VSTECS 2. DNEX 3. PIE 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
Disclaimer: Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
Alvis 4.0 and VCP pattern Looking forward for the BO on 0.700 Whole VCP period are approximately 2 years. Together with the latest swing is less than 5%. Risk is more important than Return....
So the technicals are great, excellent uptrend with the price above its MAs and now formming a third base in which I'm waiting for the breakout to enter a position. The pattern is accompanied by low volume, that's good too. Also, is leading its sector. Very strong realtive strength against the Steel ETF AMEX:SLX , which has a 17% allocation of the stock. Today...
NASDAQ:CRWD looking good. Formming a volatility contraction pattern (VCP), price above 20d, 50d and 200d MA , better than expected earnings for the last 3 quarters and the sector is having a good relative strength against the market. So, now I'll be waiting for the breakout above $227 to entry. Another thing worth mentioning is that its price earnings ratio...
Volatility Contraction pattern have been formed and contracted in trvg chart. Volume have been dried out recently.. watch out closely for high volume breakout or traveling uk and us border news. resistance 1: 5.2 resistance 2: 7.5
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.