VCP
IPO base breakout / Cup and handleMissed the base breakout. buying as the price retraces back and turns back up on upside, the way Mark Minervini buys pullback setups
Chart detailed out
Bought at 345 with 10% position size
Stop at day's low or previous day low
Publishing for my own reference. Not an investment/trading advice.
PSN - Cup and Handle? VCP? Visually appealing Cup and Handle? VCP?
Looks visually appealing.
Sometimes the best setups I'm not able to assign words to it. Just a visually appealing pattern.
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas
$AZPN Long ATH - Trade Idea$AZPN is showing great strength and is a rare leader in Tech. A breakout above $194 Pivot looks positive. Nice Consolidation and strong action in the name. Ideally I would like consolidation right below the Pivot before entry.
SOVO - recent IPO with possible VCPI am sharing my analysis of SOVO which is showing signs of strength in the current market. Possible VCP setup forming.
Cup and handleVCP characteristics
Strong RS, Relative strength line new highs.
Trading above key moving averages
Pivot of 304 bought at 302.5. Broke out pivot with good volumes.
Stop at days low
Testing with position size 10% as smallcap index has broke out of its consolidation and above 21 EMA.
Not an investment/trading advise. Publishing for my own reference.
24-25K INCOMING. BTC overdue for a rally.VCP pattern.
Target is between confluence of MOVING AVGs/EMAs that is dynamic resistance and horizontal resistance at 25k.
Late Shorts are about to get rekt.
Invalidation point and target zone clearly mentioned.
NOTE THIS IS A BEAR MARKET RALLY i am anticipating and nothing more.
Not a financial advice.
DYOR.