PBBank. Look like we have A VCP chart pattern. A chart pattern “refined” by famous Mark Minervini ( US 1997, 2021 investing championship winner) which got inspired by William J. O’Neil defined “Cup and handle” pattern..p/s or anything “chart pattern” you have “discovered/defined “? Making it “famous”?...Also the “cup & handle / VCP” pattern “closed” to 1 of...
A nice base formation combination of multiple patterns a VCP and Darvas Box and Fibonacci. can stage early entry at the Daily close of 3270 will prove the strength and a close above 3375 will bring the momentum in. Disc - views are personal trade carefully.
Series of volatility contractions. Looks constructive. The Dow Jones Heavy Construction industry just made a multi-year and multi-decade new high. Quanta Services is a leader in this industry. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Breaking out from a 3 month base. Buy the breakout now with a pilot position or wait for a minor technical pullback. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
VCP characteristics Note the dry up in volume on the right hand side Trading above key moving averages Entry at 1162 with 10% position size Stop at 1116.5 Publishing for my own reference, not an investment/trading advice.
VCP characteristics Breakout on above average volumes Trading above key moving averages Entry at 332 with 10% position size Stop at day low Publishing for my own reference. Not an investment/trading advice.
Cup and Handle? VCP? Looks visually appealing. Sometimes the best setups I'm not able to assign words to it. Just a visually appealing pattern. You don't need to know what's going to happen next to make money ~Mark Douglas Anything can happen ~Mark Douglas
NSE:VTL just broke out from "VCP pattern" with huge volume and now retraced and took support on "50ema" and also made "inside bar"..... it can be a good swing trade.... only for education purpose, do your analysis before investing.
VCP characteristics, volume dry-up along the base Relative strength line new highs Trading above key moving averages Pivot buy at 491 Stop at days low Testing with small size, position size 10% of portfolio Not an investment/trading advise. Publishing for my own reference.
S tock Market reversed lower after key test, partially fueled by more worries about the economy Apple (AAPL) plans to slow hiring and spending in some divisions next year which concerned traders yesterday. Monday's weak session was another reminder that many sellers and lots of overhead supply is still putting pressure on the markets. What should Swing...
I have a position in AZO already. Session from Thursday looks like a shakeout. Moved to new local high on Friday. I am missing a bit a clear confirmation on volume. Next decisive level will be 2267. After that we have blue ocean .... Time will tell :) Trade safely!
Look at this chart ... the strongest on my EV makers list. The only one trending above 200SMA. Recently also formed a powerplay setup with a move of over 100%. Last few days/weeks was a correction of that move. For sure something to watch.
After a failed breakout and being stopped out in last trade, stock retraced and immediately bounce back. RS line new high. VCP characteristics. Pivot entry at 2482. Publishing for my own reference. Not an investment/trading advise.
Pre-earnings setup. Tight price action at the handle. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Looks strongest in the weak market. Last few days were very tight with below average volume. Only time will tell :)
Clean and a simple base breakout Trading above key moving averages VCP characteristics RS line new high Long at 2450 with 10% position size Stop at 2345 Publishing for my own reference, not an investment/trading advise.
VCP characteristics Strong RS, Relative strength line new highs. Trading above key moving averages Pivot of 304 bought at 302.5. Broke out pivot with good volumes. Stop at days low Testing with position size 10% as smallcap index has broke out of its consolidation and above 21 EMA. Not an investment/trading advise. Publishing for my own reference.
VCP pattern. Target is between confluence of MOVING AVGs/EMAs that is dynamic resistance and horizontal resistance at 25k. Late Shorts are about to get rekt. Invalidation point and target zone clearly mentioned. NOTE THIS IS A BEAR MARKET RALLY i am anticipating and nothing more. Not a financial advice. DYOR.