Veeco Instruments Inc.
Short

VECO - Aug 24 V2 MATrend Sustainable Momentum

28
Larger setup is conducive for a bearish push especially if it breaks down across the H1 100SMA as a failed bullish breakout. For the bottom range we are looking at a potential 6R

V2 MATrend Sustainable Momentum (Systematic) 🚀
Strategy
Signals identify market opening H1 candles through momentum and behaviour change that potentially could indicate a shift in the current price overall structure.

Risk
We use the signal candle's highs and lows for entry and stop loss. If price hits the stop loss, it is clear that the shift we expected did not come to fruitation.

Portfolio
Shortlisted Tech stocks with a positive backtest across the past 6 years, Avg >30% Win rate.

Focus
Focus is never on the signal candle alone, but it's role in the larger structure and the direction it is inclided towards with a minimum Risk & Reward of 2R

Character
Trend, Positive Skew

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