Position update: July 10, 2025.
Key factors:
1. Confirmed stage 2 uptrend.
2. A textbook Flat Base with a clear, low-risk entry.
3. The base has VCP characteristics.
4. The stock moves on its own drummer, hitting an all-time high while the index struggles to reclaim its highs.
5. A shakeout that weed out weak holders has strengthen the setup properly.
6. Volume has dried up, indicating less supply coming to the market.
7. Strong fundamentals, with consistent increased in year-over-year earnings growth.
Consideration: The breakout was not accompanied by a significant volume surge.
This is a classic Flat formation or Darvas Box Theory with a clear pivot entry and minimal risk. I’m starting to see increased traction in my personal trades—a very positive sign to trade larger in this market environment.
Key factors:
1. Confirmed stage 2 uptrend.
2. A textbook Flat Base with a clear, low-risk entry.
3. The base has VCP characteristics.
4. The stock moves on its own drummer, hitting an all-time high while the index struggles to reclaim its highs.
5. A shakeout that weed out weak holders has strengthen the setup properly.
6. Volume has dried up, indicating less supply coming to the market.
7. Strong fundamentals, with consistent increased in year-over-year earnings growth.
Consideration: The breakout was not accompanied by a significant volume surge.
This is a classic Flat formation or Darvas Box Theory with a clear pivot entry and minimal risk. I’m starting to see increased traction in my personal trades—a very positive sign to trade larger in this market environment.
Trade active
Reduced half at the breakeven point, I don't like how it acts.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.