CARE - Road to Bagger ?Cup and handle pattern nicely formed in Weekly timeframe and strong momentum come from stochastic. One thing that need to be considered is weekly volume is not strong enough this week.
Distance to supply zone is very high, we can setup Target at the low of Supply Zone and current candle "sit" at support area so Risk Reward become fantastic.
Hopefully next week we can have "Good" volume to push price higher and chance to be bagger will be there... Good luck!
CARE trade ideas
CARE - CUP WITH HANDLEPosition Update: May 16, 2025
Key factors:
1. Low-risk entry point.
2. Very clear bases with VCP characteristics.
3. A confirmed Stage 2 uptrend, indicating upward continuation.
4. The stock is outperforming, rising even as the broader market trends lower.
5. Displays strong relative strength against the market and peers.
6. Volume dries up suggests less supply coming to the market.
7. Many stocks start showing traction based on my own stock continuum.
Considerations: While the breakout was not accompanied by a significant volume surge, this development is occurring within the early stages of what appears to be a new bull market cycle. This macro backdrop may provide additional support and follow-through potential.
I’d like to see if it can hold up and follow through from here.
A long time ago, CARElong time ago plan (link related below), but sadly I TP-ed already...
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
CARE, W FORMATION?NB: DO MIND that These analyses i posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!