KAYU - POWER PLAYI 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. One of the leaders in this type of market environment
The flaws:
1. Stock squats after the breakout
2. The market is still in a hard-penny environment with only 30% of total stocks above the 200-day MA.
This stock is still so strong. I would like to see it calms down for couple days and develop a pivot reset to add more positions.
Lowcheat
Set-up is there for one more move up in AFKS 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, breaking out above 17.80 low cheat pivot.
Not positioned in this name as for now, but will be looking to start entering if price moves closer to 17.80, consolidates for a day or two and breaks out above highs of 9th Oct.
SMIL - PRIMARY BASEI 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 side
The stock closes good and strong on the breakout. I want to see some constructive action in the upcoming days.
TRON - PRIMARY BASEI 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
HALO - PRIMARY BASEI 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 constructive action in the upcoming days.
PDPP - IPO BASEI 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.
PDPP - PRIMARY BASEI 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.
ELIT - PRIMARY BASEI 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.
SRAJ - POWER PLAYI 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
MCOL - 3CI have positions today
The stock breaks out of low cheat setup. it has:
1. VCP characteristics
2. Low risk entry point
3. Long base setup
4. Super tight right-side price action.
It closes not so strong, but the breakout has a huge volume.
PNBN - POWER PLAYI got a position today, coming from a power play.
I enter the trade at its low cheat pivot. I've set my stop very tight due to this hard penny environment.
