I bought my positions today
August 21, 2024
Reasons:
1. Low-risk entry point.
2. Confirmed stage 2 uptrend.
3. Has gone through its majority line of supply.
4. Moving on its own drummer, the stock went up +100% in the last three months while the index correcting -3%.
5. High relative strength.
6. Volume dries up as less supply coming to the market.
7. A decent volume on the breakout.
Flaws:
The general market is still at risk of going into a minor correction.
This is a textbook VCP with clear contractions and entry point. The stock closes weak and squat below the buy point which still normal. I like to see if it can holds up and follow through.
August 21, 2024
Reasons:
1. Low-risk entry point.
2. Confirmed stage 2 uptrend.
3. Has gone through its majority line of supply.
4. Moving on its own drummer, the stock went up +100% in the last three months while the index correcting -3%.
5. High relative strength.
6. Volume dries up as less supply coming to the market.
7. A decent volume on the breakout.
Flaws:
The general market is still at risk of going into a minor correction.
This is a textbook VCP with clear contractions and entry point. The stock closes weak and squat below the buy point which still normal. I like to see if it can holds up and follow through.
トレード終了: ストップロスに到達
Stopped out today at -5% loss.Trade closed: 3/9/2024
免責事項
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。