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VCP

Gold and precious metals miners are setting up ... !I am not GOLD bull - i read charts. Feels like the price action is confirming what we see happening outside of markets. i recently read a report that someone was secretly buying gold at around 1800 and putting it aside - based on yahoo search- here is the copy of it: (Bloomberg) -- Spot gold is again bobbing along near $1,800 an ounce, as it has been since mid-2020. The stickiness of that level, particularly as fundamentals turned more bearish, suggests there’s a big buyer somewhere in these waters. (...) That would suggest that whoever is buying is able to buy in scale, leave little footprint in the market and then take delivery and store the metal in secure, invisible vaults. And that points strongly toward a sovereign buyer. Today i share with you few tickers and price action on XAU.
PLong
by MojePieniadze
1
3A VCP (FOLLOW UP)I first traded 3A last year on 4 Oct after confirm up trend rally, gave me around 15% profit back then. 3A later undergo correction period and have been following since Jan 2022 when the price rise back up MA50. (Previous related ideas in link below) The current VCP took 3 months to setup with below contraction: C1: -14% C2: -9% C3: -3% Price breakout with volume follow through on 10, 11 Feb show there is strong demand in market. Good QR coming soon? Let's see. Disclaimer: Not a buy call recommendation. Just personal technical analysis based on trend and chart pattern. Trade at your own risk.
MYX:3ALong
by adamkhoosk
4
Post-Trade Analysis12% profit -price dah sampai 15% dari BO place & 13% from top -ADR (volatility), drop from green to red line (range 2.5 - 2.9) indicate supply = demand -RSI>50 = strong uptrend momentum -RS>0 = strong stocks compared to FBMKLCI characteristics: 1st drop < 35%, last low cheat < 15% from top monitor closely when it has small range, Remember: 1. volume come first before price!! 2. small ranges above 200 ema!! and 50ema entry pada small candle bila ada extrapolate volume
B
by payungabam
Post-Trade Analysis15% profit -price dah sampai 16% dari BO place -ADR (volatility), drop from green to red line (range 2.5 - 2.9) indicate supply = demand -RSI>50 = strong uptrend momentum -RS>0 = strong stocks compared to FBMKLCI characteristics: 1st drop < 35%, last low cheat < 15% from top monitor closely when it has small range, Remember: 1. volume come first before price!! 2. small ranges above 200 ema!! and 50ema first entry: terlepas, that time, ema50 baru nak cross up ema200
MYX:CARIMIN
by payungabam
Possible VCP ... but will it hold in the current market?I have not been posting recently - due to one reason ... the market is not giving any nice setups. As i have learned CASH IS A POSITION. I do not need to be in the market all the time. I took couple of trades and got stopped out. You see breakouts working 2-2% above breakout level and then they fail. Better to watch from a side line. So i am actually posting this WHD as 'maybe it will work' but i have limited confidence. Time will tell :) Trade safely!
NYSE:WHDLong
by MojePieniadze
1
Coffee JO nice VCP Triangle breakoutsSome nice VCP / Saucer Handle patterns on JO as it continues to climb higher. Watch for a break higher if it can chew through 67 zone resistance Break lower out of triangle / trendline support invalidates long idea. On a macro level we're seeing bullish setups in AG complex (coffee , rice, wheat, corn, soybeans, etc.) , coupled with inflation coffee should run. Personally I've noticed my local coffee shops also charging $1 per cold brew which supports the bull case.
JLong
by FriscoTrades