EG VCP BREAKOUTEG breakout the 4 months VCP. After the breakout, market sentiment is bad due to rumors of full lockdown and etc.
For the entire VCP, there are 5 contraction with contraction below:
C1: ~46%
C2: ~33%
C3: ~18%
C4: ~16%
C5: ~7%
Very good entry point on 12 Jan 2021 when it break the C5 contraction. Now the price still not too far from the breakout point. For me still a low risk entry point with ~5-6% risk. Great volume and price interaction as well. Next heavy resistance will be ~0.985 region.
p/s: Also an obvious cup and handle!
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.
VCP
HEXTAR VCP!!!For the past one month, HEXTAR has developed volatility contraction pattern that has 3 contraction with healthy volume and price interaction.
C1: ~20%
C2: ~15%
C3: ~5%
Not yet a buy point. Can monitor this week if these C3 contraction valid support or not.
Disclaimer:
The content is my personal experience sharing through technical 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.
GMOriginally took this trade on 11/11/ 2020. GM!! really didn't make sense but it was setting up; formed a VCP.. earnings increasing; good sector but I got impatient after sideways movement. Then, Mark Minervini metioned entering in his Twitter feed; I took a look and re-entered. A much better entry.
BURSA VCP DEVELOPMENT COMPLETED??Last month i do share an article about Bursa volatility contraction pattern development. Not a successful break last month and continue to develop.
Seem like attempt to break again today.
C1: ~28%
C2: ~10%
C3: ~3%
Immediate support: 8 (7% risk)
Disclaimer: Buy at your own risk, article just for technical pattern sharing purpose.
PENTA VCP DevelopmentPenta is developing volatility contraction pattern for almost 3 months with contraction % below:
C1: ~18%
C2: ~8%
C3: ~5%
C4: ~4%
Breakout happened yesterday with strong volume.
Immediate support at RM4.90 with ~6% risk.
Disclaimer:
For technical analysis sharing purpose. Please seek advice from your financial planner if you would like to get any stock recommendation.
SAMCHEM VCP DEVELOPMENTSAMCHEM volatility contraction pattern setup almost complete.
C1: ~47%
C2: ~17%
C3: ~16%
C4: ~8%
Buy at break 1.20 and Support at 1.12. Around 8% risk!
When Demand > Supply it will fly to sky.
Disclaimer: Just sharing purpose on technical analysis. Buy at your own risk. Consult your personal financial planner for investment.
BURSA VCP DEVELOPMENTBursa Malaysia is developing volatility contraction pattern at contraction less than 5%.
Entire pattern has developed for 138 days.
C1: ~29%
C2: ~8%
C3: ~4%
7th Dec 2020 huge candle with large volume is a good support. and it is forming a pivot point now.
With the current entry price, the next support will be at 8.18 which risk only at ~5.75%.
Disclaimer:
This post is just a sharing on chart pattern. If you would like to invest, kindly seek advise from certified financial advisor.
potential breakout in UBER NYSE:UBER Below average volume with the 50 day MA within range while it continues to develop under 54.19 high. Ideally, I want to see another small contraction or a few days of consolidation for a breakout through 54.19 high. Note: It is not outperforming the SPY as shown in the CRS but that is typical of a name that is developing a healthy base before a breakout unless the broad market is dropping and the ticker is holding up with strength.
Federal Bank - Fresh Rally ?Call it a VCP or a Cup and Handle Breakout.
Golden Cross just happened on Daily Chart.
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RBL BankVCP pattern breakout and now awaiting breakout from a retest flag pattern.
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Sequent ScientificComing out of a VCP or a cup and handle pattern.
Awaiting a breakout.
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Bandhan Bank - Can it break the stiff resistance on 5th attempt?At 402 , there is a strong resistance from a long trend line.
Safe playing investors should enter only above 402 on "closing basis" for the targets in green in due course.
However, the ADX > 25 indicates a very strong trend at the moment backed by a Golden Cross recently.
So risky investors can take a chance entering at CMP- 373 for a target of 402 which is about 8% but a strict stop loss is mandatory. This 8% target might be achieved in the next few intraday sessions as well.
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QES VCP DevelopmentQES volatility contraction pattern has developed ~4 months since it previous peak with 4 contraction below:
C1: ~39%
C2: ~16%
C3: ~12%
C4: ~5%
The last 3 trading day shown strong support together with volume around 0.315.
QES will further attack once it break 0.325.
With 0.295 as final support, the risk ~6.5%.
In term of fundamental wise, 5 recent quarter shown profit. Not like other penny stock that rise without fundamental support.
Disclaimer: This analysis is just a sharing on volatility contraction pattern and not a buy call sharing. Trade with own risk.
MTAG VCP DevelopmentAnother stock that current with VCP development.
C1: ~40%
C2: ~16%
C3: ~6%
C4: ~6%
As VCP related to demand vs supply. Seem like supply is not that much now with volume decreasing.
Awaiting huge demand to come in and push the price up!
Will take off anytime soon.
First support: 0.720 and second support 0.705
Disclaimer: Not a buy call suggestion, trade with your own risk. Just a VCP trading sharing.
APPASIA VCP SETUPFall in love with VCP setup trading and would like to share my analysis about VCP trading.
Seems like APPASIA has undergo 3 round of contraction with each contraction smaller that previous!
C1: ~38%
C2: ~16%
C3: ~6%
I believe price will form a pivot point at current stage.
Is a good entry for 1st position.
Once it break 0.740, you can top up for 2nd position.
Support set at 0.620, ~8% risk.
Disclaimer: Not a buy call, buy at your own risk.
PFIZER Awaiting a Breakout from a Cup and Handle Pattern.
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APPS Digital Turbine, Inc., through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, device original equipment manufacturers, and other third parties worldwide. Its software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company also provides programmatic advertising and targeted media delivery services; and other products and professional services directly related to the core platform.
Corporate Governance
Earnings growth yoy: 275%
Qtly: 33%
VCP 6W 40/12 3T
Stage : 2/27/1%/52% stage 2/ 27weeks/1% from resistance/ 52% from MA