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Momentumstrategy

The Great Wall of 1.0805 Daily Level 🐼Enough to Stop the Risk-Off Sentiment? Daily Level 1.0805 may act as a temporary support level and we may observe a bounce and retracement early in the week here. During the first session of the week, Asian has observed some nice volatility off this Daily support level created on March 1st of this Month. 18 pips bounce already and I anticpate that by the end of New York session we will observe some sort of dead cat bounce after the freefall drop from the prior week. Target for a retracemnet is 1.08279 4hr zone. Retracements are a healthy part of a trending market but we don't have to bounce necessarily. We may very well just cntinue to drop towards our next siginifcant level and clear a 40 pips range down to Weekly Support level 1.0768. Intro and monthly timeframe 0:0 Weekly timeframe 2:13 3:52 daily timframe 6:29 4hr timeframe 7:49 1hr timeframe
by ShrewdCatfx
Red Previous Weekly Candle Vs Weak Usd Data🛡️⚔️Hello Traders.. Another new week of trading ahead. No news announcements to kick off the week so expecting some smooth price action. Monday's can move nicely as volatility is typically lower. It's during the end of the week when we observe more aggressive trends and thats when you can really let your winning trades run. Coming out of the Weekly candle closure from last week, we may observe a continuation of bearish momentum towards 4hr zone 1.0873 or the next daily support level 1.08516. We also should consider the weak data that came out for the USD on Friday.. Consumer sentiment and Manufacturing data both missed expectations and the Daily candle for Friday closed Bullish.. In this case we may observe an increase towards extreme level 1.090 flat. 0:0 Monthly Timeframe 1:14 Weekly timeframe 2:30 Daily timeframe 4:10 4Hr timeframe 6:48 1Hr timeframe
Short
by ShrewdCatfx
2
XVS Cryptocurrency Analysis: Uptrend Continuation or Correction This analysis examines the current state of the XVS cryptocurrency and assesses its potential future direction. Technical Analysis: Battling Weekly Resistance: XVS is facing a significant hurdle at the weekly resistance level, which could determine the course of its future trend. Escaping the Accumulation Box: The recent breakout from the daily accumulation box marked a notable 80% surge. Insufficient Rest Calls for Correction: The current uptrend lacks sufficient retracement, which is typically necessary for sustained upward momentum. Key Support and Resistance Levels: Support: The blue trendline support acts as a critical barrier, with a breach potentially leading to a retracement towards the previous weekly resistance. Resistance: The next weekly resistance level presents a significant obstacle for further upward movement. RSI Indicator: Overbought Territory: The RSI indicator is approaching the overbought zone, suggesting a potential correction. Momentum Confirmation: A break above the overbought threshold could signal strong upward momentum. Lower Timeframe Analysis: 4-Hour Timeframe: A more detailed analysis on the 4-hour timeframe provides a clearer picture of the current price action and potential support and resistance levels. Conclusion: The XVS cryptocurrency is at a critical juncture, with the outcome of the battle at the weekly resistance level determining its future direction. A correction is likely before further upward movement can occur. but considering decreasing the volume the out come might be different. This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading.
Short
by solinash1
SHIB Analysis: Breakout Confirmation and Potential UpsurgeThis analysis examines the recent breakout of Shiba Inu (SHIB) and assesses its potential for further upward movement. Previous Analysis Validation:🫶🏻💪🏻 The previous analysis successfully predicted the price reaching the anticipated weekly resistance level. Breakout Confirmation:📊📈 The recent breakout above the weekly resistance level confirms the bullish trend reversal. Breakout Confirmation: The recent breakout above the weekly resistance level confirms the bullish trend reversal. 4-Hour Trendline and Triangle Pattern:✅ A breakout above the current 4-hour trendline is expected to further validate the uptrend. A successful breakout from the triangle pattern also indicates a continuation of the upward momentum. RSI and Risk Considerations:⛔ The RSI indicator is not yet in the overbought zone, suggesting that there is room for further growth. However, the lack of strong momentum warrants a cautious approach to entering new positions. Conclusion: The successful breakout of Shiba Inu BINANCE:SHIBUSDT and the bullish technical indicators suggest a potential for further upward movement. However, traders should exercise caution due to the absence of strong momentum. This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading.
Long
by solinash1
PLUG set up on support for Long EntryPLUG is on a 60 minute chart ascending in a relatively parallel channel and oscillating within it. Price has cycled into the lower thick green support trendline. A falling wedge pattern is seen It is now on its second touch of the support. PLUG has gained 75% in three weeks. As a green energy small cap, it is sharing an uptrend with FCEL, QS and others. I find PLUG properly situated to add to my position taking a trade of more shares long. I call it buying a fall into support and buying a falling wedge set up for a breakout ( again). Yesterday a successful put option scalp provided profit to redeploy here. I will roll over options expiring February 16th into March 16th. The monthly call contracts have the narrower spreads and better liquidity from volume.
NASDAQ:PLUGLong
by AwesomeAvani
2
EurUsd Buyers battle @ 1.086 4Hr Zone ⚔️Hello traders welcome back to another Analysis. //// 0:0 Monthly/Introduction 1:06 Weekly Timeframe 2:24 Daily timeframe 2:58 4Hr timeframe 4:15 1Hr timeframe //// We have upcoming (USD) PMI manufacturing data during the next NY session to look out for. It is expected to expand overall but decrease slightly from the last data point. Coming out of last Friday and during Monday's price action we observed Risk on sentiment with the Eur being favored. Maybe this will come to a halt, and during today's price action we will see a retracement back down with the positive expected USD data. If Risk-On sentiment continues, a candle closure above 1.086 on the 1hr and especially the 4hr may confirm solid long orders up to the next daily level (1.0888).
by ShrewdCatfx
WTI momentum play shortGlossary: VA – Value Area Liq.P – Liquidity Point PiPo – Pivot Point BO – Break-Out H1 – Hourly Time-frame M15 – 15min Time-frame LTF – Lower Time-frame HTF – Higher Time-frame Magenta horizontal Ray – Area of Interest Magenta rectangle – Gap / Area of Significance *********** Momentum run play to the previous low around 76.07 Price finished a 3-touch structure into the Liq.P at 79.79 and started to reverse. The H4 shows a strong impulsive move back into structure and is now starting to consolidate. Waiting for a continuation flag on the H1, preferably with a small pull-back for an entry short.
OANDA:WTICOUSDShort
by kalganid
BTC 9000$ When considering Bitcoin trading strategies, especially during periods of price volatility or downturns, it's essential to maintain a clear mindset and develop a robust trading plan. Here are some motivational tips and analysis strategies for profitable Bitcoin trades: Long-Term Perspective: Remind yourself of the long-term potential of Bitcoin and blockchain technology. Despite short-term fluctuations, many investors believe in Bitcoin's role as a store of value and a hedge against inflation. Keeping this broader perspective can help you stay resilient during downturns. Risk Management: Emphasize the importance of risk management in your trading strategy. Set clear stop-loss levels to limit potential losses and protect your capital. Diversify your portfolio to spread risk across different assets and avoid putting all your eggs in one basket. Technical Analysis: Utilize technical analysis tools and indicators to identify key support and resistance levels, trend reversals, and potential entry or exit points. Look for patterns such as head and shoulders, double bottoms, or descending triangles to inform your trading decisions. Market Sentiment Analysis: Pay attention to market sentiment and investor psychology. Fear and greed often drive market cycles, leading to overreactions or irrational behavior. By understanding market sentiment, you can anticipate potential price movements and adjust your trading strategy accordingly. Fundamental Analysis: Consider fundamental factors that could impact Bitcoin's price, such as adoption by institutional investors, regulatory developments, macroeconomic trends, and technological advancements. Stay informed about industry news and events that could influence market sentiment. Emotional Discipline: Control your emotions and avoid making impulsive decisions based on fear or greed. Stick to your trading plan and remain disciplined, even when faced with uncertainty or volatility in the market. Take breaks from trading if needed to maintain clarity of mind. Continuous Learning: Commit to ongoing education and self-improvement as a trader. Stay updated on new trading strategies, tools, and market trends. Learn from both your successes and failures to refine your approach and adapt to changing market conditions. Community Support: Surround yourself with a supportive community of fellow traders, mentors, or online forums where you can share insights, seek advice, and stay motivated. Collaborating with others can provide valuable perspectives and help you stay accountable to your trading goals. By combining motivation with sound analysis techniques and risk management principles, you can increase your chances of success as a Bitcoin trader and navigate market fluctuations more effectively. Remember that trading involves inherent risks, and there are no guarantees of profits. Always trade responsibly and only invest what you can afford to lose.
BITSTAMP:BTCUSDShort
by TrojanBible
22
FAIRCHEM OR : Multibagger Returns Soon !!FAIRCHEMOR stock has made Big Broadening Pattern And around the support of Broadening pattern stock has made Ascending Triangle pattern Also Stock has given Breakout of Ascending Triangle pattern We can clearly see Breakout with Huge Green Candle!!!! Stock can show 2100 levels in coming weeks Which is 50% from here on. Broadening Pattern target is 3000+ Which is more than 100% From current price. Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision. #stock #stockmarket #investing #money #finance #trading #investment
NSE:FAIRCHEMORLong
by FiveCircles
Mometnum, Growth & Innovation: Portfolio PerformanceMy portfolio is up by more than 11% in 2024, and up by more than 30% over the last 4 months. Here is a summary of our current stock holdings: www.tradingview.com 1. NASDAQ: NASDAQ:TQQQ (ProShares UltraPro QQQ) Overview: TQQQ is a leveraged ETF designed to return three times the daily performance of the NASDAQ-100 Index. It's suitable for experienced traders due to its high volatility and potential for significant gains or losses within short periods. Considerations: The performance of TQQQ closely follows the tech-heavy NASDAQ-100 index, making it sensitive to movements in technology stocks. Given its leveraged nature, it's important to monitor closely and consider it for short-term trades rather than long-term investments. 2. NYSE: NYSE:CCJ (Cameco Corporation) Overview: Cameco is one of the world's largest uranium producers. The company's performance is closely tied to the demand for nuclear energy and uranium prices. Considerations: With growing interest in clean energy, nuclear power may see increased demand, potentially benefiting Cameco. However, the market for uranium can be volatile, influenced by regulatory changes and global energy policies. 3. NASDAQ:ROKU (Roku, Inc.) Overview: Roku is a major player in the streaming media sector, offering devices and platforms that connect users to streaming content. Considerations: Roku's performance is influenced by its ability to attract new users, its partnerships with content providers, and competition within the streaming industry. The shift towards streaming entertainment can benefit Roku, but it operates in a highly competitive market. 4. NASDAQ: NASDAQ:MELI (MercadoLibre, Inc.) Overview: Often referred to as the "Amazon of Latin America," MercadoLibre operates a marketplace, payments, and e-commerce platform in Latin America. Considerations: MELI benefits from the growing e-commerce and digital payments sector in Latin America. Its performance is influenced by regional economic conditions, internet penetration rates, and competitive pressures. 5. NASDAQ: NASDAQ:VRTX (Vertex Pharmaceuticals Incorporated) Overview: Vertex Pharmaceuticals is a biotechnology company focusing on developing treatments for cystic fibrosis and other diseases. Considerations: VRTX's performance is heavily dependent on its drug pipeline's success, regulatory approvals, and patent protections. The biotech sector is known for its high risk/reward ratio, with significant potential for both gains and losses. 6. NASDAQ: NASDAQ:IONS (Ionis Pharmaceuticals, Inc.) Overview: Ionis specializes in RNA-targeted drug discovery and development, focusing on a wide range of diseases. Considerations: Like VRTX, IONS' success hinges on its research outcomes, clinical trial results, and regulatory environment. It's a high-risk investment with the potential for substantial rewards based on drug development success. 7. NASDAQ:AVDX (Avidity Biosciences, Inc.) Overview: Assuming AVDX was intended to refer to a biotech company, it's important to verify the ticker symbol as it wasn't recognized. If it's a typo, the actual company might also be in a high-risk biotech or related sector. Considerations: For biotech firms, investor focus should be on product pipelines, funding for research, and potential for regulatory approvals. 8. NYSE:GRMN (Garmin Ltd.) Overview: Garmin is known for its GPS technology and wearable devices. The company has diversified its product line to include fitness, aviation, marine, and outdoor products. Considerations: Garmin's performance is influenced by its innovation in technology, market penetration in its various segments, and competition with other tech and wearable companies. 9. NASDAQ:CASY (Casey's General Stores, Inc.) Overview: Casey's operates convenience stores across the United States, offering a mix of food, groceries, and fuel. Considerations: Casey's is impacted by fuel price fluctuations, consumer spending habits, and its ability to expand its store network. Its focus on community and local markets provides a niche advantage.
NASDAQ:QQQLong
by JS_TechTrading
Growth, Momentum & Innovation: Updated WatchlistUpdated Watchlist As we dive deeper into our trading strategy inspired by Mark Minervini, I'm excited to share a detailed analysis of our updated watchlist: www.tradingview.com This list is meticulously curated, focusing on stocks poised for potential pullback entries, suitable for short to medium-term trades. Here’s what we’ve analyzed: Selection of Stocks in Strong Uptrends: Our primary filter is selecting stocks exhibiting strong uptrends over the past weeks or months. We use specific criteria like stocks trading above their 50-day and 200-day moving averages, a sign of enduring strength. Additionally, we look for stocks outperforming the market index, indicating relative strength. Volume Analysis During Pullbacks: We observe the trading volume during pullbacks. An ideal scenario is a pullback on lower-than-average volume, suggesting a lack of selling pressure. A sudden increase in volume can sometimes signal capitulation, which might lead to a potential reversal. Key Support Levels and Technical Indicators: Stocks approaching critical support levels, such as major moving averages or historical support zones, are of high interest. We combine this with technical indicators like the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) to gauge oversold conditions and potential bullish divergence. Price Action and Chart Patterns: We're scrutinizing price patterns that align with Minervini's SEPA (Specific Entry Point Analysis) criteria. This includes looking for stocks forming bases, tight consolidations, or exhibiting orderly pullbacks without significant volume spikes. Flags, pennants, and narrow range days near support areas are particularly noteworthy. Earnings and Fundamental Check: While our focus is on technical analysis, we don't ignore fundamental aspects. We check upcoming earnings dates and ensure that the stocks have solid fundamentals, aligning with Minervini's preference for quality stocks. Here is a detailed sector analysis of the stock on our watchlist: Technology (27 stocks) The Technology sector is heavily represented in your watchlist, indicating a focus on companies involved in software, hardware, and various technology services. This sector is known for its growth potential, innovation, and significant impact on global trends. Companies like Google, Microsoft, and AMD are included, reflecting an interest in both established giants and emerging players. Healthcare (7 stocks) This sector includes companies involved in pharmaceuticals, biotechnology, and medical devices. With stocks like Amgen and Regeneron, the focus seems to be on companies with strong R&D capabilities and potential breakthrough therapies or technologies. Financials (1 stock) A smaller focus in your watchlist, indicating a selective interest in the financial services industry. StoneCo is included, suggesting an interest in fintech or emerging financial technologies. Materials (1 stock) With Cameco Corp included, there's an interest in the materials sector, potentially focusing on resources critical to the technology and energy sectors, such as uranium for nuclear energy. Internet (6 stocks) A focus on companies that operate primarily on the internet, including e-commerce, social media, and online services, suggests a bullish view on the digital economy's growth prospects. Software (9 stocks) Software companies, including those providing cloud services, enterprise software solutions, and software development tools, indicate a strong belief in the continued expansion of digital transformation across industries. Biotechnology (4 stocks) With a focus on biotech firms like CRISPR and Vertex Pharmaceuticals, there's a clear interest in companies that are on the cutting edge of medical research and development, potentially offering high rewards but also high risk. Information Technology (7 stocks) This includes a broader look at IT companies, focusing on semiconductors, software, and technology services, highlighting the critical role of IT infrastructure in the modern economy. Semiconductors (3 stocks) With companies like TSMC, AMD, and Qualcomm, there's a targeted interest in the semiconductor industry, which is vital for a wide range of technologies from consumer electronics to data centers and AI. This analysis shows a diversified yet focused interest in sectors that are pivotal to technological innovation and digital transformation. The emphasis on Technology, Healthcare, and Internet-related stocks suggests a strategy that leans towards growth investing, particularly in areas that are expected to shape future economic landscapes. ​
NASDAQ:QQQ
by JS_TechTrading
NVDA - Price Action AnalysisIn this chart we're lookin at the strength in both buyers and sellers just like the previous upload. Except this time we zoom in a bit closer to analyze the current wave and where its heading. So far price action looks great as we head into the expansion phase once again. Momentum shows that there are only about 10% sellers out the 100% buyers in the last rally giving you about 80% strength in buyers which equals to healthy price action coming from the bulls. Chart 2 - Detail A buy signal was triggered around $420 and $480 The chart shows how - Price broke out of a brief pause and back into continuation - The triple bottom at SnR (supply/demand) that eventually led to price breaking out past the faint trendline.
NASDAQ:NVDALong
by Nathanl19
1
📊📈 Bitcoin (BTC) and Altcoin Market Analysis 🌐💹The latest analysis suggests that Bitcoin (BTC) has been holding above a key zone, but it has also faced rejection from a structural resistance area. The price seems to be forming a range, and there's a potential for a retest of the major support zone before a potential move higher. Meanwhile, altcoins have experienced positive momentum, and further upward movement is anticipated once the Bitcoin price stabilizes, leading to funds flowing into altcoins. 📈🚀 #Bitcoin #CryptoAnalysis #Altcoins #MarketSentiment
Long
by Richtv_official
1
Momentum, Growth & Innovation: WatchlistAs we dive deeper into our trading strategy inspired by Mark Minervini, I'm excited to share a detailed analysis of our updated watchlist: www.tradingview.com This list is meticulously curated, focusing on stocks poised for potential pullback entries, suitable for short to medium-term trades. Here’s what we’ve analyzed: Selection of Stocks in Strong Uptrends: Our primary filter is selecting stocks exhibiting strong uptrends over the past weeks or months. We use specific criteria like stocks trading above their 50-day and 200-day moving averages, a sign of enduring strength. Additionally, we look for stocks outperforming the market index, indicating relative strength. Volume Analysis During Pullbacks: We observe the trading volume during pullbacks. An ideal scenario is a pullback on lower-than-average volume, suggesting a lack of selling pressure. A sudden increase in volume can sometimes signal capitulation, which might lead to a potential reversal. Key Support Levels and Technical Indicators: Stocks approaching critical support levels, such as major moving averages or historical support zones, are of high interest. We combine this with technical indicators like the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) to gauge oversold conditions and potential bullish divergence. Price Action and Chart Patterns: We're scrutinizing price patterns that align with Minervini's SEPA (Specific Entry Point Analysis) criteria. This includes looking for stocks forming bases, tight consolidations, or exhibiting orderly pullbacks without significant volume spikes. Flags, pennants, and narrow range days near support areas are particularly noteworthy. Sector and Market Sentiment Analysis: Understanding the current market sentiment and sector rotation plays a crucial role. Stocks in leading sectors or those showing resilience in a weak market are preferred. We also consider the broader market trend and economic indicators to assess the overall risk environment. Risk Management and Entry Points: Each stock on our watchlist comes with a predefined risk management plan, including stop-loss levels and potential entry points. We're waiting for a reversal signal, such as a high-volume rebound off a support level or a break of a short-term downtrend line, to initiate positions. Earnings and Fundamental Check: While our focus is on technical analysis, we don't ignore fundamental aspects. We check upcoming earnings dates and ensure that the stocks have solid fundamentals, aligning with Minervini's preference for quality stocks. Stocks on the Watchlist: The provided watchlist represents a curated selection of stocks currently held by ARK Invest, managed by Cathie Wood, renowned for her focus on disruptive innovation and growth investing. This analysis will delve into each sector represented in the watchlist, highlighting the unique attributes and potential of these investments. ARK's strategy is characterized by a deep focus on technology-driven companies and emerging industries, which is evident in this diverse and forward-looking portfolio. Technology and Internet Services: Dominated by giants like Amazon (AMZN), Microsoft (MSFT), Google (GOOG), and Meta Platforms (META), this sector encapsulates companies at the forefront of digital transformation. Amazon continues to be a leader in e-commerce and cloud computing, while Microsoft and Google drive innovation in software and online services. Meta Platforms, formerly Facebook, is investing heavily in the metaverse, indicating a future-focused strategy. Semiconductors and Hardware: This category features semiconductor leaders like Taiwan Semiconductor Manufacturing Company (TSM), Nvidia (NVDA), and Advanced Micro Devices (AMD). TSM is critical in the global supply chain, being the world's largest dedicated independent semiconductor foundry. Nvidia and AMD are at the forefront of graphics processing and computing technologies, vital for gaming, AI, and more. Biotechnology and Healthcare: Represented by CRISPR Therapeutics (CRSP), Regeneron Pharmaceuticals (REGN), and Vertex Pharmaceuticals (VRTX), this sector focuses on cutting-edge medical research and treatments. CRISPR Therapeutics is a pioneer in gene editing, a revolutionary technology in medicine. Regeneron and Vertex are known for their innovative drug discoveries and treatments in various disease areas. Financial Technology and Cryptocurrencies: This sector includes MercadoLibre (MELI), a leader in e-commerce and financial services in Latin America, and Coinbase (COIN), a prominent cryptocurrency exchange. The inclusion of Grayscale Bitcoin Trust (GBTC) highlights ARK's investment in the evolving landscape of digital currencies and blockchain technology. Software and Cloud Computing: Companies like Twilio (TWLO), Cloudflare (NET), Intuit (INTU), and Synopsys (SNPS) underscore the growing importance of cloud computing and software solutions across industries. Twilio's communication APIs and Cloudflare's content delivery network are integral to modern internet infrastructure, while Intuit and Synopsys provide critical software services in finance and chip design, respectively. Gaming and Entertainment: Roku (ROKU) and Roblox (RBLX) represent the dynamic gaming and digital entertainment sectors. Roku's streaming platform and Roblox's online gaming universe cater to the rapidly expanding digital entertainment market.
NASDAQ:COINLong
by JS_TechTrading
First Wave BioPharma $40 PT Upside potentialBefore the close of the year the Bio Pharma Sector started running wild. It doesn't surprise me why i'm drawn to this company with all the catalysts coming out. Recently with a PT 40 From Roth MKM. The more you read about the news that comes from this company between CEO investor relations, Merger Deal with Immunogen and entering their phase 3 trial there is so much Upside potential. Although short term there's a lot of turbulence in the 5.00-5.38 range if it can break and hold strong this stock can get there pretty quick. Currently holding a Long position. Trade Responsible, #TradeTheWave 🏄🏽‍♂️🌊
FLong
by FinesseTheWave
BWXT: added to our 'Momentum, Growth & Innovation'-PortfolioBWXT has been added as a new trade to our 'Momentum, Growth & Innovation'-Portfolio with 10% of total equity. Here is a detailed analysis of the trade: Technical Observations: BWXT is fluctuating above its 50-day and 200-day moving averages, which suggests an overall bullish trend. The Bollinger Bands indicate a range where the stock has been trading, with recent price action closer to the lower band, potentially offering a good entry point as per Minervini's strategy. Volume and Price Action: The volume seems to be lower on down days, which could indicate a lack of seller conviction. This can be seen as a positive sign if you're looking for a potential upward movement. Relative Strength Index (RSI): The RSI is not in the overbought territory, which means there could be room for upside before the stock is considered overbought. Fundamental Factors: The market capitalization of $7.04B and a dividend yield of 1.19% suggest a stable company. A P/E ratio of 31.74 is on the higher side, indicating investors may expect higher earnings growth. The earnings per share (EPS) of $2.43 is a critical figure for evaluating the company's profitability. Growth and Profitability: The fundamental slide indicates the company’s performance in terms of revenue, net income, and net margin percentage. It appears there has been some volatility in net income margins, which could be a risk factor. Here is a link to the fundamental data of this trade: www.tradingview.com Position Sizing: Using 10% of your equity for this trade aligns with the concept of position sizing, which is critical in Minervini's strategy. It's essential to manage this position carefully and be ready to cut losses if the trade goes against the expected trend. 2) Summary of Minervini Trading Strategy Trend Template: Minervini emphasizes stocks in a strong uptrend, above key moving averages, and showing outperformance against the market. Volatility Contraction Pattern (VCP): He looks for stocks that have gone through periods of price contraction on lower volume, indicating potential for a breakout. Relative Strength: The stock should be one of the market leaders, with a high relative strength rating. Risk Management: Minervini is strict about cutting losses quickly to preserve capital. He advises setting a stop loss at the point where the original trade thesis is invalidated. Entry and Exit Points: He advocates for entering trades as they break out from sound base patterns on higher volume, and exiting based on specific sell rules to capture the bulk of a stock’s advance without giving back significant gains. Fundamental Analysis: While Minervini is a technical trader, he also considers strong fundamentals as a backbone for a stock's potential to succeed, looking for companies with strong earnings growth, return on equity, and profit margins.
NYSE:BWXT
by JS_TechTrading
+15.6% in November: Harnessing the Power of Minervini's StrategyThis November, my 'Growth, Innovation & Momentum' portfolio is up by more than 15%. I embarked on a fascinating journey in the world of stock trading, closely following Mark Minervini's esteemed trading strategies. Minervini, a renowned stock market wizard, is famous for his SEPA (Specific Entry Point Analysis) methodology, a combination of technical analysis and risk management. As I navigated through the dynamic landscape of the stock market, I applied these principles, aiming to optimize my swing trading approach. Today, I'm excited to share with you a detailed analysis of my portfolio's performance. The Core of Minervini's Strategy Mark Minervini's strategy revolves around identifying stocks with strong potential before they make their significant upward moves. The key elements of his approach include: Trend Template: Minervini focuses on stocks in a strong uptrend. Risk Management: He emphasizes strict stop-loss orders to minimize losses. Volume Analysis: Volume spikes on up days are a positive sign. Entry Points: Entering at specific points to maximize gains while minimizing risks. My Portfolio Performance: A Deep Dive Overview Overall Performance: +15.6% Total Winners: 27 trades Total Losers: 13 trades] Batting Average: 67.5% Key Takeaways Winning Edge: A batting average of 67.5% signifies a robust strategy in picking winners, aligning with Minervini's emphasis on stock selection. Entry and Exit Strategies Following Minervini, I aimed for precision in entry and exit points. I sought stocks showing signs of breakout with high trading volumes, entering positions during their early upward trend phases. For exits, I set strict stop-loss levels, though I'm looking to refine these further. Risk Management Risk control is a cornerstone of Minervini's method. I maintained a disciplined approach to stop-loss orders, though my average loss suggests a need for tighter control. Moving forward, I plan to implement more stringent risk assessment techniques. Stock of the Month: Vertex On Dec 13th, Vertex jumped by a whopping +13.2% following encouraging news regarding the Opinion for Sickle Cell Disease Therapy From European Committee for Medicinal Products for Human Use. Here is the link to my current portfolio: www.tradingview.com
NASDAQ:META
by JS_TechTrading