BBCA (VCP - 26W 19/3 3T)

BBCA - VCP
18-09-2024

Reason:
1. Low risk entry point
2. Volume dries up
3. Confirmed Stage 2
4. Price above MA 50 > 150 > 200 over 10 weeks
5. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month

Flaws:
1. RS rating less than 70
2. 5 biggest marketcap
3. No big volume on breakout

Trade active

I bought this stock today
18-09-2024

Note

Good sign the stock close the gap up, and started to give a green day. This stock have quite big PER (5.53x). I’ll watch it closely.

Note

Edit: The PER was 24.88x

Trade closed: stop reached

Hit Stop Loss at -4.27%

The_small_money

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The_small_money

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