I have my position today
The reasons I bought the stock:
1. A classic VCP setup
2. Low-risk entry with a single-digit risk
3. The stock is in a confirmed stage 2 uptrend
4. Price action and volume contract from left to right
The reasons I bought the stock:
1. A classic VCP setup
2. Low-risk entry with a single-digit risk
3. The stock is in a confirmed stage 2 uptrend
4. Price action and volume contract from left to right
Trade active
The stock squatted today. However, for a perfect scenario of this stock, I like to see a pivot-reset for the last contraction of the VCP. Then, it will strengthen the stock even more.Trade active
I sold into strength today at +19% profit on half.
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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.