I bought my positions today November 6, 2023 The reasons: 1. Low-risk entry with a crisp low cheat pivot point 2. The stock went up >100% in less than 8 weeks 3. VCP characteristics during the pause 4. The pause has less than 25% correction 4. Volume dries up as a sign of less supply coming to the market 5. A high alpha stock with a low standard deviation 6....
Russian large Investment company AFK Systems has nice technical potential for at least one more bullish leg up towards 19-21 region. Price could have ended its correction started in Aug'23 and could be forming the bottom of the new cup. In order to confirm this scenario, we need price to first hold its Sep's low at 16.60 and move decisively above its 50D MA,...
I bought my positions today June 19, 2023 The reasons: 1. Low-risk entry point 2. The stock offers the first buyable base after an IPO 3. Tight pivot level/line of the least resistance 4. High relative strength stock 5. Entry point at low cheat area The flaws: 1. The general market is still in correction 2. There is still a huge overhead supply on the left...
I bought my positions today June 15, 2023 The reasons: 1. Low-risk entry point 2. The stock offers the first buyable base after an IPO 3. It has a very tight pivot level/line of the least resistance 4. High relative strength stock 5. Entry point at low cheat level 6. I got an 80% win rate on a primary base setup 7. Reference case: Google's IPO
I bought my positions today March 9, 2023 The reasons: 1. Low-risk pivot point 2. The stock offers the first buyable base after an IPO 3. Low-cheat level (it is preferable for IPO base) 4. High relative strength 5. IPO breakout is working fine this far Flaws: 1. Stock closed squat 2. Lack of volume on the breakout So far, it acting normal. I like to see some...
I bought my positions today March 13, 2023 The reasons: 1. Low-risk pivot point 2. The stock reset its pivot level 3. The pivot point has an inside day 4. High volume on the breakout 5. High relative strength I re-enter my position back today after the stock reset its pivot point into more constructive price action.
I bought my positions today February 14, 2023 The reasons: 1. Low-risk pivot point 2. The stock offers the first buyable base after an IPO 3. IPO base on low cheat entry 4. High volume breakout The flaws: 1. The stock still needs to encounter a big supply on the left side 2. Stock squatted to pivot level I like to see some follow-through in the upcoming days.
I bought my positions today February 8, 2023 The reasons: 1. Low-risk pivot point 2. The stock offers the first buyable base after an IPO 3. IPO base on low cheat entry 4. High relative strength 5. High volume breakout I bought the final position today as I have accumulated my position incrementally beforehand.
I bought my position today February 3, 2023 The reasons: 1. Low-risk entry 2. Coming from a textbook low cheat setup 3. Recent IPO stock 4. High relative strength The market has started to work fine. I can tell it from my last 4 profitable trades.
I bought my position today The reasons: 1. Low-risk entry 2. IPO base on low cheat pivot 3. Similar to Google's IPO in August 2004, $OMED in the weekly timeframe looks more similar. Flaw: The general market is currently declining, the breakouts prone to failure.
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 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 Why I bought the stock: 1. Low-risk entry 2. First buyable base 3. Low cheat pivot level 4. Tight price action.
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.
I got some position today on a low cheat IPO base.
I have pilot positions today at the low cheat IPO Base. I'm still trading my smallest positions due to the hard-penny environment.