VCP Pattern WatchA lot of the tickers I'm watching have earnings soon. Guess it's just that season.
Volume has been declining. Looking for some volume to come in.
RS isn't great but towards a 2 week high.
Minervini
VCP- Mark MinerviniWhat I'm seeing: it broke out as expected. Looking for some sustained higher volume. Looking for the RS to turn up. It has been running flat for while.
I am new to trading VCP patterns. Just trying to document as I learn. Would appreciate feedback from those that are experienced trading Mark Minervini VCP.
$NVDA with the same pattern as $TSLA. VC by MinerviniIf you missed the $TSLA VCP, here's one more $NVDA.
Same pattern as $TSLA before the big breakout with higher lows and supply dry up indicating that most of the selling is done.
Volatility contraction Pattern by @markminervini 📈
$PTON reversing back to ATHDowntrend reversal on Peloton
MACD Golden cross
ARKK buying on 8/12 for the first time
Low volume pullback
Gap-fill 122
H/E, might show similar patterns to $AAPL and $TSLA. Could go down to a HIGHER low before cracking ATH's again
BRIS VCP MinerviniDalam bukunya minervini disebutkan tentang metode VCP nya minervini, di pergerakan BRIS ini dapat dilihat BRIS sedang uptrend. Periode uptrend walau tidak panjang tetapi cukup lama dengan volume yang standar dan tidak signifikan berbeda.
Lalu kita lihat pola bar harian membentuk Symetric triangle, dengan volume yang terus menurun menunjukkan supply demand menurun. Ini yang disebut Volatility Contraction Pattern, lalu menurutstrategi Mark disiapkan posisi di atas break out dan stop loss di siapkan di triangle bawah dengan nilai maksimal 10%, lalu persiapan untuk Target price 30% setelah breakout dengan sell position di 20-30% dari total porto.
