Watchlist: ARK Holdings in Stage 2 UptrendFusion Watchlist: Harnessing the Power of Minervini's Momentum and Cathie Wood's Innovation
Introduction:
Welcome to our exclusive Fusion Watchlist, where we merge the technical mastery of Mark Minervini with the forward-thinking investment style of Cathie Wood. This list features a curated selection of stocks from ARK Invest's portfolio that exhibit a confirmed Stage 2 uptrend, signifying robust momentum and growth potential.
Strategy Overview:
Minervini's Influence: We apply Minervini's rigorous criteria to identify stocks in a Stage 2 uptrend, marked by strong price action, above-average volume, and healthy relative strength. This ensures we're focusing on stocks exhibiting true market leadership and momentum.
Cathie Wood's Vision: From ARK Invest's holdings, we pick companies at the forefront of innovation and disruptive technologies. These are firms with transformative potential in their respective sectors, aligning with Wood's philosophy of investing in the future.
Watchlist Criteria:
Stage 2 Uptrend Confirmation:
Each stock has been meticulously analyzed to confirm it's in a Stage 2 uptrend, as per Minervini's principles. This includes a breakout from a proper base, rising moving averages, and strong institutional support.
Innovation and Growth Focus:
Selections are limited to ARK Invest's holdings, specifically targeting companies poised for significant growth due to technological or sectoral innovation.
Diverse Sector Representation: While focusing on innovation, we ensure a diverse sector allocation, spreading risk and capturing opportunities across various industries.
Fundamental Strength: Beyond technicals, we also consider fundamental strength, including revenue growth, market positioning, and long-term potential.
The Fusion Watchlist:
www.tradingview.com
Conclusion:
This watchlist represents a unique synergy of momentum trading and visionary investing. By leveraging Minervini's technical prowess and Wood's knack for identifying future market leaders, we aim to offer a dynamic and potent approach to swing trading. Stay tuned for regular updates and insights as market conditions evolve.
Markminvervini
MOMENTUM, GROWTH & INNOVATIONUpdated Watchlist:
www.tradingview.com
Selection Criteria:
Introducing our cutting-edge trading strategy, a synergy of Cathy Wood's keen fundamental analysis and Mark Minervini's acclaimed trend template criteria.
Imagine having the foresight to identify high-potential technology stocks that are not just promising on paper but are actively demonstrating robust performance in the market. That's the core of our approach. We meticulously select stocks that Cathy Wood's methodology identifies as leaders in technological innovation, ensuring that each company has a solid foundation for growth. But we don't stop there.
We apply Mark Minervini's trend template to verify that these stocks are not only fundamentally sound but are also in a confirmed stage 2 uptrend. This dual-layered strategy ensures that you're investing in companies that are both revolutionizing their industries and are currently capturing the market's momentum.
With our trading strategy, you're not just betting on potential; you're investing in technology stocks that are set to soar, backed by the analytical prowess of two of the most respected names in the trading world. Join us, and be part of a select group of traders who demand the best of both worlds: groundbreaking innovation and proven market trends.
Mark Minervini's gains relative to S&P500 during 2021competition
I came across some data which enabled me to construct a chart showing Mark Minervini's monthly gains in his spectacularly successful 2021 trading competition win. I also measured the equivalent monthly gains of the S&P500. My aim was to study how he performed relative to the monthly Index movement so that I could, perhaps, understand his methodology. I have to say that it didn't live up to my expectations as it was hard to see the relationship in some months. I wondered if there was an overall competition winning strategy behind the performance of some of the later months.
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Mark Minervini- 2021 USA Trading Competition Winner-
~340% in one year! No holding strategy even comes close, to my knowledge.
(Mark also won the 1997 competition!)
Daily Candlestick Chart shows Mark's monthly, published and verified, performance against the S&P500's. It's educational to study the correlation between Mark's monthly returns against chart price movements.
Perhaps some risk strategy was employed during the last few months in order to preserve the already spectacular percentage achieved half way through the competition year!
Slow Dough @Whole_wit Fri 23rdJan 2023
Jack Corsellis also has helpful looks into specific buys and sells with the actual charts of various transactions of the 1997 competition, that Mark Minervini also won. www.youtube.com
I obtained the monthly competition results data from Linus Lim's video at around 1:08 from start. www.youtube.com
PBBank VCP aka cup & handle pattern. 20/Sept/22PBBank. Look like we have A VCP chart pattern. A chart pattern “refined” by famous Mark Minervini ( US 1997, 2021 investing championship winner) which got inspired by William J. O’Neil defined “Cup and handle” pattern..p/s or anything “chart pattern” you have “discovered/defined “? Making it “famous”?...Also the “cup & handle / VCP” pattern “closed” to 1 of variation of “triangle pattern” which is “ascending triangle “...with breakout. With rate hike all over the world. Banking sector might be “benefit” most. Price of PBBank could reach RM6.80 which is about 47.47% gain from current price level.
24-25K INCOMING. BTC overdue for a rally.VCP pattern.
Target is between confluence of MOVING AVGs/EMAs that is dynamic resistance and horizontal resistance at 25k.
Late Shorts are about to get rekt.
Invalidation point and target zone clearly mentioned.
NOTE THIS IS A BEAR MARKET RALLY i am anticipating and nothing more.
Not a financial advice.
DYOR.
Unity $U formming a "low cheat"I usually have a number of stocks that I like because of the fundamentals, and I just wait for the technicals to do what I like. This time NYSE:U is doing it in a very good way. The price is not yet above its MAs but it has a strong divergence with the MACD and the ADX is below 20 points, all this while formming a "low cheat" which is like a mini "cup & handle" (I learned this reading Mark Minervini).
Normally the "cup & handle" pattern is one of the best reversal patterns, adding this with the other technical signals I think this stock is close to a buy point. Still, for my strategy this setup is high risk. I always wait for confirmation with a second base. IBD has NYSE:U in rank 7 in its industry, and a realtive stength rating of 37; not my usual stock.
The thing adding to my optimism is that breakouts have been working better for the last 2 weeks. I even missed a few stocks because I was being cautious. With this one I would add just half my position size and if it goes my way I'll add my full postion.
Is it a possible set up for VCP?SET:CPF
1) Higer lower low
2) Lower trade volume
3) EMA20 and 50 above EMA150 and 200
4) Expect a good earning in next Quater!?
Lets wait for next bars!!!
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VCP- Mark MinerviniWhat I'm seeing: it broke out as expected. Looking for some sustained higher volume. Looking for the RS to turn up. It has been running flat for while.
I am new to trading VCP patterns. Just trying to document as I learn. Would appreciate feedback from those that are experienced trading Mark Minervini VCP.
Volatility Contraction Patterns Spotted in LPLA, COHR, COF Volatility contraction patterns (VCP) which was popularized by Mark Minervini have been spotted in NYSE:COF , NASDAQ:COHR and NASDAQ:LPLA , which could be the signal prior to a start of the uptrend.
Find out how to trade the breakout with volatility contraction patterns to catch the potential explosive move to the upside.
$CGC: Technically ready to run supported by good fundamentalsPositive Reversal on Daily.
Weekly is positive.
Volume is above 50day-avg
Valid 3T VCP -0.24% (Mark Minervini Concept).
$CGC is a licensed producer of medical marijuana 0.00% in Canada.
Drug Manufacturer - speciality 6.34% (HealthCare)
Type: Mid-Growth
#Entry at breakout of $36.00 with volume on daily frame.
Stop at $33.33 (or -8%)