marketfellow

marketfellow

WGO finished its downtrend and made a short base 45-54 in October-November December 1-15, 2020 began to show upside momentum because it moved to the range 54-59 When 59 is taking out, it is time to get in for a smooth uphill ride of +19% profits within two months

marketfellow

Breakout provides a signal for coming uptrend First pullback offers entry point The key is to ensure pullback does not fall below breakout level and be ready to get in as soon as pullback is over

marketfellow

Staging base, breakout and uptrend High volume breakout Entry point is at breakout level

marketfellow

11/06 was the first hint that TTWO quickly approached 180. Its pullback for the next 3 weeks offered opportunity to wait for its second arrival to around 175-180 range. 11/25 was the day that TTWO accumulated its upside power to come back to near 180 level. We were ready to get in 11/25 at 174.28 when rallied just about to start At the same time holiday day...

marketfellow

Notice 4 month flat top broadening pattern for VALE from July to November Resistance line was set to 12 VALE quickly ramped up from 11/02 to 11/09 as a reminder that something big was going to happen soon. So, it was the time to prepare and watch the pullback Shallow pullback 11/13 and 11/16 at 11.5 was a final reminder that VALE was ready to rally above...

marketfellow

Notice the first gap drove up BA from 5 month decline to upside direction with its price action moved from 160 to 180 in November. There was speculation that the US government may issue BA permission to re-run MAX 737. Five days later BA made another gap-up above 190 as a confirmation of MAX 737 news. There is no time to wait and it is the best time to check...

marketfellow

Notice BILI made a 4.5 month base from July to November in the range of 42-52 Marking 52 as the resistance, 11/19 earring report boosted BILI with +22% gains to 58 level Opening your eyes and following BILI like an eagle because the time will come soon In the next 9 sessions, BILI stayed in the tight range for consolidation between 59-64 Then, opportunity...

marketfellow

Notice tight range between 6.5-7.3 for three months duration (July - October) Breaking out 7.5 resistance in October means engine has been turned on Pullback process or short-term consolidation offers the best timing to get on the car and fasten seat belt for a ride About 6 sessions later 10/20 appeared a perfect entry point at 7.82 F ran fast and changed gear...

marketfellow

- 11/17 VALE broke out 12 from ascending base

marketfellow

RTX went up and down in sudden turns from March to July Only stabilized period is between August and mid- September Looking like a breakout on 09/16 where we got into RTX But, it turned out to be wrong entry point so it suffered under-water period for about 1.5 months Holding through this tough time knowing its volatile nature paid off a reward +17% profits in...

marketfellow

Bottom base was identified from March to May in the range 8-13 New base was formed from May to July in the range of 12-15 which was tighter Breakout occurred at 08/04 crossing above 15 resistance Entry point was 3 days later 08/07 at 17.09 Noticed volume were strong from 08/04 to 08/07 Another sideway base or consolidation in the range of 17-20 from August to...

marketfellow

Notice material sector (XLB) is among the leading sectors since March market bottom. Material kept rising from March to September non-stop DOW is one of the leader among mega material stocks from March to June Consolidation consists ascending base (higher-low) and resistance was set at 46 By the end of ascending base, DOW crossed over 46 which triggered buying...

marketfellow

MMYT is an india travel online booking company for flight, hotel, and related travel service which is like PriceLine in the USA. Rising India middle class due to economic expansion in manufacture and technology like software, MMYT is on the right spot Technically, textbook example cup-with-handle base set up its upside potential from June to October It is...

marketfellow

Noticing outstanding performance from similar competitor FVRR for its online tech services business model May breaking out from 10 to 12 was important hint for its upside potential with outstanding volume Two cascades rectangle bases during May-June and June - September were another evidence that accumulation patterns were clearly visible. Resistance 17 is...

marketfellow

- Machinery is a strong industry like CAT because of infrastructure development - Notice rectangle 4 months base of TEX from June to September - Resistance line 22 is established - Once breakout happened above 22 in October, it triggered buying into TEX 10/07 @24.34 - Strong uptrend lifted TEX all the way to 31.13 on 11/18 that is the time to take +28% profits...

marketfellow

- 3 months bottom base (March-May) - 2.5 months preparation for uptrend (May-July) - 140 was the key line we watched. - 08/10 broke out 140 so got it CAT at 142.12 - Little pullback into negative area below the purchase but the base offered support - After that all the way to finish line 11/12 with a gap up for +19% profits

marketfellow

- Rectangle patterns - Outstanding volume at breakout - Smooth uptrend from September to November for +17% profits

marketfellow

- OLED screen maker like Apple IPhone - Cup with handle breakout - Volatile actions but finished with +19% profit