VCPAfter 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.
VCP
AMRT - ASCENDING BASESI secured my position today on the breakout.
I like its huge volume during its development, it also has vcp characteristics, tightness in price, high RS line, and huge volume on breakout.
Watching HSY for VCP breakoutLooks strongest in the weak market. Last few days were very tight with below average volume. Only time will tell :)
$AZPN Long ATH - Trade Idea$AZPN is showing great strength and is a rare leader in Tech. A breakout above $194 Pivot looks positive. Nice Consolidation and strong action in the name. Ideally I would like consolidation right below the Pivot before entry.
SOVO - recent IPO with possible VCPI am sharing my analysis of SOVO which is showing signs of strength in the current market. Possible VCP setup forming.
Cup and handleVCP 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.
MELI Base Failure Reset + VCPText book model of a 11.5 week flat base + base failure reset(constructive shakeout) + VCP with 3Contractions and massive volume dry up before the breakout and massive volume on the breakout.
$SGML Triangle Breakout Idea$SGML Breakout Idea. Triangle VCP Style contraction. All Time High Potential in a strong sector. Measured risk.
MTMH - FLAT BASEI secured my position back today.
The stock broke out of a flat base with VCP characteristics.
ENAK - CUP WITH HANDLEI secured a position on the breakout that I bought incrementally.
The stock has VCP characteristics, it breaks its pivot with pretty good volume today.
24-25K INCOMING. BTC overdue for a rally.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.
HURN Pilot BuyConsidering that the market is still very oversold and the rally attempts have been very weak, my conviction is still low on the long side. That's why im only gonna play very small positions to take a few toes on the water and stay engaged.
HEXA (VCP - 21W 30/3 4T)Break out today with huge volume, the stock then closed quite good.
I got some position, incremental buys from 8th Feb. I like to see if it can act well in the upcoming days.
LINK (VCP - 50W 21/5 4T)This is a textbook VCP setup.
The stock has a very tight right side area after a year of development. It also has a high RS Line and a huge volume on the breakout.
INDY (VCP - 13W 33/5 4T)I've secured my positions in this quintessential VCP setup.
The stock is a potential superperformer, it has all the characteristics. It has a low-risk entry, powerful earnings, high RS Line.
VCP characteristics, Base on Base structureExhibiting good relative strength.
Tight contraction on the right hand side and volume dry up in the last couple of days.
Volume surge in shorter time frame.
Surged through pivot at 741.
Broader market is weak, therefore sizing 10% of portfolio.
Bought at 735, will close if breaches day low.
Publishing for my own reference. Not an investment/trading advise.
Merck VCP BreakoutNice VCP with up volume clean breakout good %risk for positioning. Didn't buy as market is terrible and don't like defensive names as they are just names in which institutions are hiding. Its a bear market and I just want to keep my eye sharp on the patterns I like to buy from and be ready for when we have more favorable conditions. Let's see if it holds the stop.
FLNG Liquid Natural Gas Power Play with nice VCP setupLiquid Natural Gas Powerplay with nice VCP setup.
Avg Cost: 28.84
Position Size: 5.5K 1.05% "Half Positioning" (500 USDs risk)
Stop: 26.15
Risk: 9.32%
AMPH, another pilot buyBuy point: 35.20
Stop: 33.25
Risk:5.5%
Avg Cost: 35.8
I was late to the trade so couldn't fill up my full defensive position. (111.25 Shares, 283.7 USD Risk)
Im now 8% invested on 6 pilot positions.
KKGI (VCP - 10W 30/6 4T)I secured my position today on a quintessential VCP.
The stock broke out with a huge volume, a good close, and a strong RS Line.
PFEBought a small quarter position as its acting very well from a test to the 50 day inside a VCP pattern.
Position 8K, another 1.5% increase in exposure, now 21% overall invested.
Avg Cost: 53.35
Stop: 50
Risk: 6.28% (500 USDs-->quarter of "aggressive").
Market is correcting but my portfolio is on the green and my pilot stocks are holding ok. The 55 area is a key area of resistance.
NOC showing very nice VCP characteristics, tight stopEntry with a super tight stop close to the danger point of making an outside day. A tight stop and the liquidity of this stock gives the opportunity to go bigger on size.
Avg Cost: 461.06
Bought: 18K
Risk: 150 USDs
Risk: .92%
