$XPON Pullback Set-up at the 20D$XPON pullback set-up at the 20D SMA. Very thin volume but nice set-up as it has surfed the 20D for the entire 600%+ move. Strong industry as well.
Vcppattern
SMCI nice and tight, riding the 10 SMA SMCI nice and tight, riding the 10 SMA. Just a watch for now, but nice to see under current market circumstances.
$LW eight week base getting tight$LW eight week base after run up on earnings beat. Riding the 20-Day, getting fairly tight with a decent close today considering market conditions.
PERI Tennis Ball Action Post-Earnings Some nice "tennis ball" action (as @MarkMinervini likes to call it) on $PERI post-earnings.
$SCCO nice seconddary base coming to the 20 SMA
Watch list for the Feb. 21 $BTAI $BURL $DOV $DKS $SYK $ESAB $STLD $NUE $BLDR $AEHR $SCCO. Earnings out front of some of these. $RXDX $MCHP $ELF and $MSI shaping up nicely.
Hartalega possible forming a triangle pattern. 18/Feb/23.Hartalega As Topglove And supermx possible forming a triangle BUT a variant as cup and handle or VCP pattern.
Young biotech leader $IMCR with good VCPImmunocore Holdings is a commercial-stage T cell receptor biotechnology company working to develop and commercialize transformative medicines for oncology, infectious diseases and autoimmune and inflammation diseases.
In a confirmed uptrend, yesterday signaled a good pivot buy where I placed an initial position.
I liked the volatility contraction pattern and the bullish divergence with the 10-day ROC prior to the breakout, and now I'll wait for the follow through action to add to the position.
Lets wait and see.
YPF could make a moveYPF could make a move out of decent base. Price and volume contraction coming into the 20-day
ERF pivot right above the 20 day ERF pivot right above the 20 day. Price and volume contraction mving into the pivot area.
CAH set-up for next week.
Price contraction moving into a tight pivot area. Good volume dry-up into pivot and coming into the 20-day SMA.
HDFC BANK WEEKLYNSE:HDFCBANK
Forming weekly VCP pattern. Price action shows strength. One must include this in watch list
Gold cup have became gold spoon. 27/Dec/22Gold have “evolved” from cup to spoon & handle pattern or “famous” VCP pattern or “triangle pattern”..
GOCL Corporation : Breakout Candidate#GOCLCORP near its 15 month high Breakout perfect for a Breakout Candidate
So much Learning in this Chart
Patterns Visible :
>> Rounding Bottom
>> Flag Pattern
>> W Pattern
>> VCP Pattern
Happy Trading !!!
Keep loving, sharing & Following for more Learning.
VCP formingI like how this is developing however the previous high is making it a bit risky .... adding to the watchlist.
VCP formingIt is probably not tue strongest setup however i am adding it to my watchlist.
The good thing is that 200SMA is has turned around and is trending up now, though the VCP itself is a but too deep for my liking. Lets see how it develops.
Volatility contraction in #Bitcoin signals further upside Bitcoin and Ethereum are ones of the assets that haven't undercut its June lows.
In the daily chart of Bitcoin is above its 50-day MA and I see a pivot buy at $21,350.
But, when I zoom in at the 4-hour chart, I can see a good volatility contraction with a pivot buy at $20,700. Remeber that crypto never closes so 4-hour charts is the equivalent of a daily chart in stocks.
For me this is a good point to start with a small position and then add more on a breakout above the daily pivot.
There are two resistance zone you can use as targets, one is the September high and the other is the August high.
SLVM - VCP in formationThe VCP pattern is in formation. It's not yet the time to pull the trigger though, it needs some more time to develop the last wave.
BJCORP possible forming cup’s bottom. 13/Oct/22.BJCORP with “new young talents/ directors / restructuring” after a “big rally” on 2021, possible forming a consolidated “base” which is a “cup/spoon” pattern for few years..
GOKEX: strong breakout candidateGOKEX forming VCP pattern with strong volume buildup. Keep it on your radar!
Optimax. Possible forming a VCP pattern. 22/Sept/22Optimax. Possible forming a VCP aka cup and handle pattern.
PBBank VCP aka cup & handle pattern. 20/Sept/22PBBank. Look like we have A VCP chart pattern. A chart pattern “refined” by famous Mark Minervini ( US 1997, 2021 investing championship winner) which got inspired by William J. O’Neil defined “Cup and handle” pattern..p/s or anything “chart pattern” you have “discovered/defined “? Making it “famous”?...Also the “cup & handle / VCP” pattern “closed” to 1 of variation of “triangle pattern” which is “ascending triangle “...with breakout. With rate hike all over the world. Banking sector might be “benefit” most. Price of PBBank could reach RM6.80 which is about 47.47% gain from current price level.
Reversal at play - Fibonacci A nice base formation combination of multiple patterns a VCP and Darvas Box and Fibonacci. can stage early entry at the Daily close of 3270 will prove the strength and a close above 3375 will bring the momentum in.
Disc - views are personal trade carefully.
