Very interesting name that setting up a low cheat pivot area. The stock has the Code 33 , I also can see a double bottom there. I am watching closely.
The stock forming a cup with handle pattern. I don't really like how the volume develops, but this stock worth watching.
The stock has monster traits coming from a meteoric 350+% move within 7 weeks, the stock then rests in a light correction. Now that the price is getting tighter on the right side with VCP characteristics (4W 22/6 3T), I like to see some moves here. Also, I've determined a very tight stop.
A very profound example of VCP that I missed a few weeks ago, now it develops another buy point at a pullback here. The commonalities at its both pivot area are fascinating. I like to see a breakout very soon.
Setting up the cheat area after the stock broke out of its low cheat level. I'll put this on my potential buying names as it is technically and fundamentally well developed.
MTDL is developing a cup and handle pattern with VCP characteristics. Although a bit sloppy at the right side, I like to see some more tightness before breaking out of that level. Fundamental is doing fine as well as volume and RS. Also, I simply like the stock sector.
Buying on a pullback today, I have a position with very low risk. The stock has code 33 on fundamental, I like to see some follow-throughs and tennis ball action here.
I have been stopped out twice on this stock since its power play base failure a couple of weeks ago. FLMC is now re-setting and developing its low cheat base, offering me to enter a trade once again. I really like the inside day on this stock.
Early primary base after it went IPO two weeks ago in small cheat area. Stock will likely go break out pivot area across that previous inside day.
I have a starting position today with a very tight stop. I like to see if it can hold and follow through.
I set a tight stop as always, stock shows a lot of pivot failures these days. The stock breaks out yesterday in a good close after its meteoric 500%+ move, stock has VCP characteristics. I have some positions. Therefore, I like to see if the stock can hold up and follow through in days to come. Another scenario I want to see is one more contraction to develop in a...
The stock offers another opportunity to enter a position, volume and RS are looking spectacular. Risk is managed at a very tight level.
Another low cheat opportunity here with a tight trade's risk.
Power play idea coming in the low cheat pivot area
I add some positions today. A lot of stocks have undergone a failed breakout these days, I trade very carefully now.
The stock broke out on huge volume, I had a full position today. I like to see some follow-through in the upcoming days. This stock potentially has a monster move, we'll see.
A power play idea from US Market, it's getting tighter on the right side. The stock has the potential to make a big move.
Watching at this stock as it develops VCP characteristics, RS and volume are good so far.