STAA - LOW CHEATI've been in and out of this stock, the setup didn't work before.
Today, I reenter my position as it develops its base reset. I enter this trade on a low-cheat level, it closes well with a fine RS Line.
Lowcheat
BRMS - LOW CHEATI have my position on 6th June, yesterday.
stock developed a low cheat setup with a tight pivot area.
BRK.B Buying a little bit of berkshire here to add exposure to portfolio. Stop at the lows of the bear market. Its like an index buy but with better relative strength. Overall exposure now: 32.8%
Stop: 298.10
Avg Price: 51 @ 313.30
Risk: 4.85%
Position size: 3.18%
Excelerate Energy $EE still holdingNYSE:EE is a company that provides liquefied natural gas and energy solutions in Texas, USA. They recently signed a FSRU (Floating Storage Regasification Unit) Charter Agreement with Gasgrid Finland to provide "energy security and supply diversification to Finland while also serving more broadly the needs of the Baltic Sea region".
I bought an initial position at the breakout from a "low cheat", it had a good follow through but then the outside bar erased it.
Now I just tightened my stop below the $28.75 zone because the selling has been in light volume and its a good resistance line.
If the price makes a new high above $31 I'll be buying it. For now I'll wait.
GOGO getting ready for the next move upGOGO looks like it could be consolidating at the $20 mark and getting ready for the next leg up to retest highs at $23.69. Volume has been drying up in this base and recent pocket pivots suggest institutions could be buying this up. With volume a move over $21 could see $23 again and possible ATHs
SMKM (VCP - 9W 40/6 4T)I got my position early this morning.
I tried to play the low cheat level in this VCP setup.
BBHI - LOW CHEAT I got some positions on BBHI after it consolidated for quite a while. It has a fractal - a base within a base. I bought it on a cup with handle within a low cheat level.
ADMR - POWER PLAYBreaking out of a power play from a low cheat pivot level.
I missed a position on the earlier power play as it has a wide range of percentage risks.
KINO - POWER PLAYThe stock breaks out today on a low cheat pivot with huge volume.
Some break outs start to work now, I like to see this power play to also working well.
BBNI - LOW CHEATI had my starting position at the low cheat level on 17th January 2022.
This is a textbook low cheat setup, I like to see if it can hold up and move in a long direction.
$SHYF / Long through a Low Cheat
Does this stock meet my 8 point scan criteria? Yes
Structural Checklist
1. Can one my proven price patterns be identified? Yes, a Low Cheat
2. Is the 50D SMA trending up? Yes
3. Has price moved >20% since its last consolidation? Yes
4. Is the weekly RS above its Zero Line? Yes
5. Does price action suggest the stock is consolidating / digesting the recent price move? Yes
6. Is the price consolidation longer > 20 days? Yes
7. Has price volatility contracted from left to right? Yes
8. Has volume volatility contracted from left to right? Yes
9. Are there visible signs of demand within the base? Yes
10. Are there visible signs supply has been absorbed? Yes
Pivot Buy Point (Last 3 Bars)
1. Is there a visible Tight Zone? Yes
2. Have there been 3 Tight Closes?No
3. Has there been a 3 bar constructive correction? Yes
4. Is there a Bullish Inside Bar? No
AND
1. Has volume dropped dramatically? Yes
2. Can risk be managed under 8% in one of 3 ways? Yes
Other Notes
1. None
Scan Score (Minimum 8/8)
All Trading Dirty stocks have a Scan Score of 8
Structural Score (Minimum 7/10) 10
Entry Score (Minimum 1/4 then 2/2) 4
$BJ / Long through a Low CheatScan Criteria
Does this stock meet my 8 point scan criteria? Yes
Structural Checklist
1. Can one my proven price patterns be identified? Yes, a Low Cheat
2. Is the 50D SMA trending up? Yes
3. Has price moved >20% since its last consolidation? Yes
4. Is the weekly RS above its Zero Line? Yes
5. Does price action suggest the stock is consolidating / digesting the recent price move? Yes
6. Is the price consolidation longer > 20 days? Yes
7. Has price volatility contracted from left to right? Yes, seen in multiple tight zones in right half of base
8. Has volume volatility contracted from left to right? Yes, although Xmas - NY week exaggerates this
9. Are there visible signs of demand within the base? Yes
10. Are there visible signs supply has been absorbed? Yes, although would like it to be clearer
Pivot Buy Point (Last 3 Bars)
1. Is there a visible Tight Zone? Yes
2. Have there been 3 Tight Closes?No
3. Has there been a 3 bar constructive correction? No
4. Is there a Bullish Inside Bar? No
AND
1. Has volume dropped dramatically? Yes
2. Can risk be managed under 8% in one of 3 ways? Yes
Other Notes
1. None
Scan Score (Minimum 8/8)
All Trading Dirty stocks have a Scan Score of 8
Structural Score (Minimum 7/10) 8.5
Entry Score (Minimum 1/4 then 2/2) 3
MCOL - POWER PLAYCurrently developing its pivot at low cheat level, I'm looking forward to seeing a breakout soon.
TRIM - LOW CHEATThe stock forms its pivot low cheat, I like to see a breakout to enter my starting position here.
ARTO - LOW CHEATI've determined my mathematical stops, I do like how the stock moves so far when its price action develops so tight on the right side.
Well, I am watching this closely.
CMNT - LOW CHEATBought a starting position today at low cheat pivot, I like to see if it can hold up or follow-through.
REITs could lead the next upswing, $PSB is showing itAfter NYSE:PSB topped in mid-April has been forming a long base. I see a "low cheat" with a breakout above $168.88 with a good follow through above $165 resistance zone. Today is making that second breakout and could be a good day to get in the stock. I'll be waiting for volume confirmation.
NYSE:PSB has a IBD relative strength rating of 77. Is not the minimum 80 that I like to see, but still the chart is looking very good. Another stock in the same industry that is going for the breakout is NYSE:WY . Is currently trading at $38 and the pivot buy zone is at $42.
The only thing that I don't like is that AMEX:PW , which has the #1 rank in the industry by IBD, already made the breakout from its base and last week made a hard throwback. If this industry leader doesn't holds above $49 could be a bad sign for the rest.
BFIN (LOW CHEAT)Low cheat plays don't really work out very often these couple of months. But I like the price action in this stock.
Setting up a pivot area on low cheat with volume decreasing, a good sign.
MARI (LOW CHEAT)Setting up a low cheat area, the stock has an inside day. I put this on my high on deck list, watching now.
