ELIT - LOW CHEAT
Updated
ELIT - LOW CHEAT
(+):
1. Low risk entry point
2. Volume dries up
3. Price above MA 50 > 150 > 200 over 10 weeks
4. 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
8. RS Rating is over 70 (82)
9. Stock build VCP Characteristic
Try to Adding with some basic fundamental about EPS growth:
a. Quarterly QoQ: +31.29%
b. Quarterly YoY: 653.96%
c. Annual YoY: +75.48%
d. TTM YoY: +220.19%
(-):
1. Stock not confirm on stage 2 uptrend if not break the blue line
Note:
- Consider to add some position if break the blue line
- Market look bottoming, just wait this stock to breakout with high volume
(+):
1. Low risk entry point
2. Volume dries up
3. Price above MA 50 > 150 > 200 over 10 weeks
4. 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
8. RS Rating is over 70 (82)
9. Stock build VCP Characteristic
Try to Adding with some basic fundamental about EPS growth:
a. Quarterly QoQ: +31.29%
b. Quarterly YoY: 653.96%
c. Annual YoY: +75.48%
d. TTM YoY: +220.19%
(-):
1. Stock not confirm on stage 2 uptrend if not break the blue line
Note:
- Consider to add some position if break the blue line
- Market look bottoming, just wait this stock to breakout with high volume
Trade active
Bought this stock 16-01-2024 at PER 8.44x
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