$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.
Hartalega As Topglove And supermx possible forming a triangle BUT a variant as cup and handle or VCP pattern.
Immunocore Holdings is a commercial-stage T cell receptor biotechnology company working to develop and commercialize transformative medicines for oncology, infectious diseases and autoimmune and inflammation diseases. In a confirmed uptrend, yesterday signaled a good pivot buy where I placed an initial position. I liked the volatility contraction pattern and...
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.
NSE:HDFCBANK Forming weekly VCP pattern. Price action shows strength. One must include this in watch list
Gold have “evolved” from cup to spoon & handle pattern or “famous” VCP pattern or “triangle pattern”..
#GOCLCORP near its 15 month high Breakout perfect for a Breakout Candidate So much Learning in this Chart Patterns Visible : >> Rounding Bottom >> Flag Pattern >> W Pattern >> VCP Pattern Happy Trading !!! Keep loving, sharing & Following for more Learning.
I like how this is developing however the previous high is making it a bit risky .... adding to the watchlist.
It is probably not tue strongest setup however i am adding it to my watchlist. The good thing is that 200SMA is has turned around and is trending up now, though the VCP itself is a but too deep for my liking. Lets see how it develops.
Bitcoin and Ethereum are ones of the assets that haven't undercut its June lows. In the daily chart of Bitcoin is above its 50-day MA and I see a pivot buy at $21,350. But, when I zoom in at the 4-hour chart, I can see a good volatility contraction with a pivot buy at $20,700. Remeber that crypto never closes so 4-hour charts is the equivalent of a daily chart...
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.
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..
GOKEX forming VCP pattern with strong volume buildup. Keep it on your radar!
Optimax. Possible forming a VCP aka cup and handle pattern.