


VCP characteristics in place ... - above key lines - first contraction already happened - setting up another one ... on short list now ....
Today's candle is showing some bearish signs. No surprise when you look at weekly and you realise that we are ze 2014 and 2018 highs. 133.88 might be a trigger level for short entry if it turns.
A very powerful setup we see on GOLD. A classic VCP ... with tight stop loss we are above all key averages averages are rising. Very VERY powerful. Looking for breakout and i am LONG!
There are many people believing that if something is 50% cheaper (half price) then it is a good opportunity. But it can go another 50% lower, then another 50% ... there is no bottom ... there are only decimal places. While doing my review today ... i looked at the list of insiders transactions. Yes ... MRNA was hugely successful on the way up with 2600% amazing...
Went short today with stop loss at 173. Nasdaq relies on AAPL ... it shows signs of shaking ... we will see ... And please ... do not tell me how great AAPL is ... market is about emotions here and now ... For context ... read how bad AAPL was in 2013 :) General public is always wrong ... i might be wrong as well but i protect that with Stop Loss.
Over the course of last few day all of the ARK funds visibly undercut previous lows. One thing for sure - there is no chance for UCR on those charts as the week is closed. The overall message from those charts is rather bearish. Mrs Wood tries to pass on the story of 'buying deep value' but market is pretty bad and the names she is buying have very high PEs even...
Covid created unexpected growth ... that fuelled the prices. But what we are seeing now is the growth slowing down. Exactly like it was in 2000 when with 2k change there was an artificial demand for IT upgrades. Once it happened .... air pocket. We have lots of voices now ... 'it is over reaction!" well ... only time will tell or those calling it overreaching are...
We already moved 13% from the mid-Dec bottom, which also was a great entry following Gilmo's Undercut&Rally. We see a sequence of higher highs and higher lows - also confirming bullish picture. Now ... lets see how it behaves at 25.50 level. Failure to break will be sell signal. We are 'stuck' in 22-25 levels since Aug last year.
Markets is a bit messy now - though you can find some good names. Here is one - although low market cap so caution is advised. Very clean and tight price action .... looking at breaktout at 25 level.
just triggered .... lets see how this develops. short is held below low of today ... based on UC&R pricinples by GILMO (Gil Morales).
What i see on this chart is behaviour very similar to GILMO's UC&R setup. Price dipped below Dec 4th minimum and reversed. Nicely visible on 1h chart. It also coincides with the 200SMA - making it bullish. As always - trade safely!
following this one for GILMO's UC&R setup at 2805 ... time will tell
With EVTC i see two buy signals - both based on the teachings of my masters - M. Minervini and G. Morales. First we see a VCP over the last few days (it was also on a short list from our VCPSniper). What is interesting when you look at in details is that we see a 'shakeout' (following MM rules of VCP) that for aggresive traders can be taken as UC&R (undercut and...
Todays list of stock showing VCP qualities. Trade safely! As i commented under the last video - number of names completely cancelled VCP setup by moving through the bottom range. In this video i also share the combination of VCP with UCR (undercut rally as per Gil Morales). Safe trading to all!
Result of our VCPSniper analysis helping us (and you) to quickly scan through 1000s of names to create a short list of actionable stocks. We always look for price tightness and trend template criteria as defined by Mark Minervini. We publish videos couple of times a week and also add additional analysis on stock by stock basis. The entry should be at the break of...
This stock was in my video from Sunday ... it is a great example of what we are looking for ... look at this clean break of the top of the VCP and holding nicely. However ... given the overall market situation - if you caught it ... maybe it is good to pocket the profits and move on ... it is a tricky market we are experiencing now.
Gil Morales is along Mark Minervini - one of my virtual teachers. Their methods are my go to methods when it comes to running analysis and performing trades. PHI has shown a 'buyable gap-up" where the stock moved higher on Dec 17th on increased volume and keeps above the gap level. The Stop Loss for such a setup would be locate an the bottom of gap bar (altough in...
it might be tempting to buy within VCP ... but is it still so when you look at what happened to VGR? Once you have been caught in a move like that ... you learn very fast :) ALWAYS apply risk management where size of your position is in line with your risk apetite! Happy trading!