Position update: December 20, 2024.
Key factors:
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 +125% while the index remains nowhere.
5. High relative strength.
6. Volume dries up as less supply coming to the market.
7. Both breakouts accompanied with a decent volume.
Considerations: The current market environment remains challenging, as it fails to sustain a bullish trend and continues making lower lows. However, this is the only stock that is setting up properly in the current market.
This is a quintessential VCP with clear contractions and a defined entry point. I’d like to see if it can hold up and follow through from here.
Key factors:
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 +125% while the index remains nowhere.
5. High relative strength.
6. Volume dries up as less supply coming to the market.
7. Both breakouts accompanied with a decent volume.
Considerations: The current market environment remains challenging, as it fails to sustain a bullish trend and continues making lower lows. However, this is the only stock that is setting up properly in the current market.
This is a quintessential VCP with clear contractions and a defined entry point. I’d like to see if it can hold up and follow through from here.
İşlem kapandı: durdurma seviyesi
Abnormal behavior and liquidity issue.I got out at breakeven today. What a tough market we have here.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.