I bought the stock today (20.12.22) The reasons I buy: 1. Low-risk entry 2. The stock is up >100% in less than 8 weeks 3. Corrected the least during the pause 4. Current IPO stock The stock doesn't affect by the general market, a strong sign of a leader.
I bought positions today The reasons: 1. Low-risk entry 2. Power-play setup on a low cheat entry 3. Stock moves up >100% in 8 weeks 4. Corrected the least <25% 5. High alpha stock Flaws: 1. Squat after a breakout 2. Lack of volume on the breakout
I bought my position today The reasons: 1. Low-risk entry 2. The stock has a classic double-bottom pattern 3. The second leg (Y) undercuts the first (W) 4. It has the handle offering the low-risk pivot area 5. Brokeout with huge volume
I bought positions today The reasons: 1. Low-risk entry 2. Long base, 31-week Cup and handle 3. Near all-time-high back to 2015 4. 7 years long base setup 5. VCP characteristics Flaws: 1. Bad fundamental standpoint 2. Lack of volume on the breakout If you draw a line back to 2015, you will see the line of supply near the all-time high. This is the main reason...
I bought position today The reasons: 1. Low-risk entry 2. Long base VCP setup 3. The stock is in a confirmed stage 2 uptrend 4. Strong earnings.
I secured my positions today Why I bought the stock? 1. Low-risk entry 2. Long VCP setup 3. High relative strength 4. First base of confirmed stage 2 uptrend. The stock broke out today on a huge volume, I like to see if it can hold up and follow through in the upcoming days.
I secured my position today The reasons I bought the stock: 1. Low-risk entry 2. IPO base at a low cheat level 3. Consist of the double-bottom fractal, a small pattern within a base. The stock reminds me of Twitter's IPO in November 2013 and Murni Sadar Tbk (MTMH) in May 2022.
I have position today The stock breaks out of a textbook cup and handle pattern. 1. The stock is in a confirmed stage 2 uptrend 2. High volume breakout 3. High relative strength 4. Bought perfect at pivot level.
I have the position today The why: 1. Low-risk entry 2. It forms a cup and handle pattern 3. High relative strength 4. Breakout today while the index declining quite big. Flaw: 1. Low volume supporting the breakout 2. Lots of failed C&H breakouts these days.
I bought a position today The why I bought the stock: 1. Low-risk entry 2. Long base Cup and handle pattern 3. A decent reported earnings 4. High relative strength 5. The stock has VCP characteristics.
I have my position today The reasons I bought the stock: 1. A classic VCP setup 2. Low-risk entry with a single-digit risk 3. The stock is in a confirmed stage 2 uptrend 4. Price action and volume contract from left to right
I have position today Why I bought the stock: 1. Low-risk entry 2. First buyable base 3. Low cheat pivot level 4. Tight price action.
I have pilot positions today The reason I bought the stock: 1. Low-risk entry 2. Cheat pivot area 3. Confirmed stage 2 uptrend. Flaw: 1. Lot of failed cheats in this current market.
I have position today The reason I buy: 1. Low-risk entry 2. Very tight pivot area 3. Low cheat tight level 4. VCP characteristics 5. High relative strength. Flaw: 1. A lot of trapped buyers on the left side (40% decline) I will play this moves for a quick trade.
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 Why I buy the stock: 1. Low-risk entry 2. It forms a classic cup and handle pattern 3. High relative strength. 4. Volume decreasing (1-2 punch), less supply coming to the market. Also, the stock closes good with huge volume on the breakout.
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.