FITT - POWER PLAYI bought the stock today (19.12.22)
The reasons I buy:
1. Low-risk entry
2. The stock is up >100% in less than 8 weeks
3. Good-looking power play setup
4. Strong reversal as a supportive action on 13.12.22
5. Low volume in, high volume up
This is a classic power play setup with monstrous potential.
POWERPLAY
SMKM - POWER PLAYI bought the stock today (20.12.22)
The reasons I buy:
1. Low-risk entry
2. The stock is up >100% in less than 8 weeks
3. Corrected the least during the pause
4. Current IPO stock
The stock doesn't affect by the general market, a strong sign of a leader.
SRAJ - POWER PLAYI bought positions today
The reasons:
1. Low-risk entry
2. Power-play setup on a low cheat entry
3. Stock moves up >100% in 8 weeks
4. Corrected the least <25%
5. High alpha stock
Flaws:
1. Squat after a breakout
2. Lack of volume on the breakout
🟩 $RXDX - pilot here- I like the powerful move it is sustaining
- Volume signature is looking great
- Strong industry group
PJBUMI POWERPLAY SETUPPJBUMI setting up powerplay pattern.
Gain >100% and pull back around 15%. Let's monitor if momentum able to sustain. Price/volume interaction looks solid.
Take note QR this month end.
Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
🟩 $IMVT - Added yesterdayThis is a Power Play (High tight flag) setup.
We had advancement of +150% and Correction of -15%
Relative Strength is outperforming the market
Volume is mostly bullish
Bought on 28OCT and added on 31OCT
Formed a Cup and Handle Base on top of the Power Play
TELEDAN POWERPLAY?TELADAN setting up powerplay since end July. Price sideway for almost one month.
Will it breakout and go for another rally?
Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
True Market Leaders: #1 $AKRO👉Name is holding great through the market sell off
👉The RS line up is showing outstanding relative strength
👉The stock has made a whooping +184% advance while the market sells off
👉The participants who pushed the price up do not want to sell <20% decline in price
👉Volume indicator we see a massive volume bar (this aint Aunt Betty across the street)
Not at a buy point yet but definitely a great candidate to watch!
PNBN - POWER PLAYI got a position today, coming from a power play.
I enter the trade at its low cheat pivot. I've set my stop very tight due to this hard penny environment.
Possible powerplay setupNot a VCP but this is one of the setups that M. Minervini also talks about, the so called powerplay. Time to wait for a proper base - with VCP characteristics. Then it has got energy to go further!
Keep it on your short list - we are not ready yet!
$LI Continues to Evolve$LI continues to evolve.
* Sitting at bottom of the range (support)
* Also coincide with 21 EMA (support)
* 3 day pullback on declining volume (positive)
* Potential short term trend line break tomorrow
Lots of eyes on this but also lots to like.
MCOL - POWER PLAYI've secured my positions incrementally from 16th June coming from a sound power play setup.
ZONE - POWER PLAYI got my position earlier on 19th May at its Low Cheat level.
This is a strong Power Play setup with huge volume on the breakout. It even has a fractal, a small cup with handle on its tight right side.
$LNTH Tight Trading Range$LNTH still one I am watching
Held up relatively okay around its 50 MA while the general market made a new low.
Its been trading tightly putting in an inside week last week and a tight trading range.
PNBN - POWER PLAYI got my position today from a power-play setup.
Then, I also have reduced some positions when it squats, but the stock comes back and closes good.
RISE - POWER PLAYI have my position today on the Power play setup.
The stock has huge volume on break out, a strong sign of a stock.
FLNG Liquid Natural Gas Power Play with nice VCP setupLiquid Natural Gas Powerplay with nice VCP setup.
Avg Cost: 28.84
Position Size: 5.5K 1.05% "Half Positioning" (500 USDs risk)
Stop: 26.15
Risk: 9.32%
LNTH Power Play gets tight and offers entryLNTH Power Play(High tight Flag) gets tight and offers entry. It has a nice shakeout that helps the pattern because it was wedging. This is a very competitive industry with low margins but the price action is very powerful so giving the benefit of the doubt.
