VCP formation for $NIUNASDAQ:NIU has good footprint forming a VCP in the last 13 weeks while above the 200 day moving average. Is not the best type because I like to see this with price also above the 20 and 50 day moving average, but still is worth to look at. Is very possible that a good rally is on the way. Also, the stock has a 92 rating for the IBD Relative Strength; one of the things a really want to see in a stock no matter what.
A good thing to add is that NASDAQ:NIU is in the top 10 with best WTD Alpha in the list Motor Vehicles & Passenger in Barchart.
The fundamentals aren't that great if you only look at the last quarter, but annually has a solid revenue growth.
VCP
3 Malaysia Tech Stocks - D&O, QES, REVENUE Set to JumpAfter completion of a Wyckoff re-accumulation, these 3 Malaysia technology stocks - MYX:D&O MYX:QES and MYX:REVENUE set to rally to higher price targets.
In this video, you will find out the revised price targets based on the Point & Figure price target calculation together with potential entry based on breakout trading or pullback trading strategy.
Bitcoin, breakout or look out $BTCThe price of KRAKEN:XBTUSD its being forming the volatility contraction pattern (VCP) while above the 50 day moving average, good sign. The price has been trying to breakout above 62k, if that happens I think I´ll add to my position in OTC:GBTC , which is also forming the same pattern. The bad thing is that the last 3 trading days the price closed below the high level. Its not a great deal but still, not the kind of thing you want to see before a rally.
If KRAKEN:XBTUSD doesn´t breaks out the 62k zone soon it could drop, the support areas are 50k and 42k. For me if the price drops below the 50 day moving average I´ll just take profits and wait for better conditions.
KPPROP VCP SETUPProperty sector shown movement recently and KPPROP has developed its VCP with setup below:
C1: ~25%
C2: ~7%
C3: ~3%
Recent price to volume interaction is good sign to indicate that it might fly to moon soon. Lets see!
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
QES VCP SETUPQES seem developed another round of VCP. I has shared earlier on its VCP setup back in December. Can refer back link below:
This round VCP has undergo 3 contraction below:
C1: ~28%
C2: ~11%
C3: ~5%
Volume is dry. Awaiting demand to come in and push the price up. Let's see.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
PESTECH VCP SETUPPESTECH has developed VCP setup with 3 contraction below:
C1: ~25%
C2: ~10%
C3: ~6%
Friday 9 April attempt to attack and close with fairy guide candle. Lets monitor this week! Might attack again.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
Volatility Contraction Patterns Spotted in LPLA, COHR, COF Volatility contraction patterns (VCP) which was popularized by Mark Minervini have been spotted in NYSE:COF , NASDAQ:COHR and NASDAQ:LPLA , which could be the signal prior to a start of the uptrend.
Find out how to trade the breakout with volatility contraction patterns to catch the potential explosive move to the upside.
PTRANS 217 days VCP SetupPTRANS VCP has developed for 217 days.
C1: ~27%
C2: ~14%
C3: ~13%
C4: ~10%
C5: ~4%
Good fundamental company with consistent dividend. Also part of recovery stock on public transportation sector.
I still waiting for buy signal. Share now for you all to monitor it closely.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
EVERGREEN 87 days VCP SetupEVERGREEN has developed 87 days VCP.
C1: 33%
C2: 15%
C3: 14%
C4: 5%
Will it breakout soon?
QR yet to release...
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
DUSK Perfect BreakoutThis is kind of volatility contraction pattern (VCP) is actually pretty rare in crypto. It usually only happens at the very lows of charts, and most breakouts after that run up in to the breakout and never offer a good opportunity.
If this is correct, DUSK should be going much, much higher.
PCHEM 79 days VCP SetupPCHEM developed VCP in 79 days with 3 contraction below:
C1: 15%
C2: 6%
C3: 5%
Attempt to breakout soon!
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
WIX bull flag still gaining tractionWIX came out with knock out earnings and formed a clear bull flag on the daily charts. The buy point on WIX for me is 354. I was triggered into the trade last Friday but the pattern still looks good and is still making higher lows. IF volume can push this name higher the first level of profit taking is around 365.
The level of consistency for bull flags increases if that bull flag was formed from earnings. meaning if you get a earning bull flag the trade is more to continue higher.
ESI BreakoutIf you were part of my weekly newsletter you would have seen this trade set up on the list as possible to breakout today. The VCP pattern is clear. Really good earnings and solid price point. This stock has pulled back roughly 15% from highs and looks to reclaim ATH in the near future. My entry was 18.30.
Trade smart. Use a stop.
AIMFLEX 198 Days VCP SetupAIMFLEX VCP Setup with below contraction.
C1: ~41%
C2: ~25%
C3: ~12%
C4: ~9%
C5: ~10%
Recent volume development indicate to us something is cooking. Latest QR shown improvement in their profit.
Is the chart trying to tell us that this counter will be next super-performance stock? (Similar to QES previous development, can read through my previous sharing in the link below)
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
TMCLIFE SHORT BASE VCPSimilar to LSK setup that i shared earlier. Can see the link below for the previous article.
33 days contraction with:
C1: ~11%
C2: ~4%
C3: ~4%
Breakout anytime? Let's see. QR already released. Looks good with 3 consecutive quarter showing profit improvement.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
TTD low cheat breakout (Mark Minervini VCP)Buying 10% position in TTD here. Breaking out of "low cheat" pattern per Mark Minervini investing style (See his book "Think & Trade like a Champion"). This is an early entry that indicates the stock should breakout it's typical pivot point.
Volume on the breakout today is already over 400%!!
Stop loss around 8%
20-25% profit taking target.
PETRONM VCP SETUPEnergy sector looking good as the Brent and Crude Oil price continue to going up.
In term of individual chart, PETRONM seem to have VCP SETUP that already developed C1, C2 and C3 for 71 days.
Looking good as low risk entry point spotted. <6% Risk.
Also match with Elliot Wave Theory - Wave 3!!!
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.