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 8.44xTrade closed: target reached
Sold half of my position at +23% Profit. Raise stop loss to 133
The remaining position is free rolling :)
Note
Sold another half of my position at +106% profit, PER: 17.30x is double since i bought it. Target reachedNote
Hit trailing stop at +102% profit. Trade Close
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.