OXY Crowded Power PlayAnother Oil & Gas Power Play. 100% or more in less that 8 weeks. Been trading tight and holding since March. Overcrowded trade. IMO it makes more sense to buy oil names on pull backs to the 50 day than on breakouts but will give it small go again as it broke out today from tight area.
POWERPLAY
PRCT Biotech Power Play Biotech Power Play (164% increase since Jan low). Consolidated making a nice VCP with a constructive shakeout below the 50 day giving tennis ball action immediately with very nice up volume vs down volume.
Avg Cost: 42.10
Stop: 38.55
Risk: 8.43%
$ Risk: 675 usd--> 8K position size, .55% portfolio weight.
Wanted to buy full "Positioning Size"-->1k risk, but stock moved to fast.
BSML - POWER PLAYI have my position early morning on 14th April.
The stock formed a Power Play setup. I used to wait for at least 8 days for the Power play to correct/pause after an explosive move. But, these days it breaks out even earlier.
I also watched this stock prior to its IPO, but I missed its Power play setup on the 24th of January.
YBS POWERPLAY SETUPYBS observed to have strong price and volume action since Nov. Price surge >100% and retracement less than 25% with healthy volume.
Will it continue to attack? Previously i shared OPCOM Powerplay setup manage to gain 40% (can refer to link below)
Disclaimer:
Not a buy call recommendation, just a sharing in technical analysis with chart pattern based on my personal trading experience.
AYLS (POWER PLAY)The stock shows a pivot area coming out of a power-play setup.
The stock has a small correction, its low volume on pullback indicates less supply coming to the market. These are the sign of a strong movement showing that the institutions are holding up and like to see a continuation of the move.
I've determined a tight stop here, and I like to see a breakout soon.
BEBS (POWER PLAY)The stock has monster traits coming from a meteoric 350+% move within 7 weeks, the stock then rests in a light correction. Now that the price is getting tighter on the right side with VCP characteristics (4W 22/6 3T), I like to see some moves here. Also, I've determined a very tight stop.
OPCOM Powerplay SetupSeldom share powerplay setup as it is a rare setup. Powerplay = Strong momentum stock!
30 Sep triggered the entry! Let's see how it develop.
5G theme.
Disclaimer:
Not buy call suggestion. Just sharing on chart pattern through technical indicators for education purpose. Trade at your own risk.
UVCR (POWER PLAY)I set a tight stop as always, stock shows a lot of pivot failures these days.
The stock breaks out yesterday in a good close after its meteoric 500%+ move, stock has VCP characteristics. I have some positions. Therefore, I like to see if the stock can hold up and follow through in days to come. Another scenario I want to see is one more contraction to develop in a very tight fashion, then I will consider adding some position.