Post-Trade Analysis15% profit
-price dah sampai 16% dari BO place
-ADR (volatility),
drop from green to red line (range 2.5 - 2.9)
indicate supply = demand
-RSI>50 = strong uptrend momentum
-RS>0 = strong stocks compared to FBMKLCI
characteristics:
1st drop < 35%, last low cheat < 15% from top
monitor closely when it has small range,
Remember:
1. volume come first before price!!
2. small ranges above 200 ema!! and 50ema
first entry: terlepas,
that time, ema50 baru nak cross up ema200
VCP
Post-Trade Analysis8% profit
-price dah sampai 15% dari BO place
-ADR (volatility),
drop from green to red line (range 2.5 - 2.9)
indicate supply = demand
-RSI>50 = strong uptrend momentum
-RS>0 = strong stocks compared to FBMKLCI
characteristics:
1st drop < 35%, last low cheat < 15% from top
monitor closely when it has small range,
Remember: volume come first before price!!
bukan supply test: if long uppter tail,
tapi bukan at resistance area/zone
Possible VCP ... but will it hold in the current market?I have not been posting recently - due to one reason ... the market is not giving any nice setups. As i have learned CASH IS A POSITION. I do not need to be in the market all the time. I took couple of trades and got stopped out. You see breakouts working 2-2% above breakout level and then they fail. Better to watch from a side line. So i am actually posting this WHD as 'maybe it will work' but i have limited confidence. Time will tell :) Trade safely!
(US) APPL VCP SETUPApple Inc is showing VCP setup with below contraction of:
C1: -12%
C2: -3%
The setup is similar to its previous setup from Sep - Nov 21 with below contraction:
C1: -11%
C2: -3%
Previous rally gain was around 19%. Let's see if this round able to breakout ATH again or not!
Disclaimer:
Not a buy call recommendation, just my technical analysis based on chart pattern and trend.
COCOLND VCP SETUPCOCOLND VCP setting up with below contraction:
C1: -21%
C2: -7%
C3: -7%
C4: - 3%
Price and volume interaction is rigid indicate strong demand. Pending another volume and price follow through.
Also observe a small cup and handle.(Black line)
Disclaimer:
Not a buy call recommendation. Just my personal technical analysis based on chart pattern and trend. Trade at your own risk.
Coffee JO nice VCP Triangle breakoutsSome nice VCP / Saucer Handle patterns on JO as it continues to climb higher.
Watch for a break higher if it can chew through 67 zone resistance
Break lower out of triangle / trendline support invalidates long idea.
On a macro level we're seeing bullish setups in AG complex (coffee , rice, wheat, corn, soybeans, etc.) , coupled with inflation coffee should run.
Personally I've noticed my local coffee shops also charging $1 per cold brew which supports the bull case.
PANTECH VCP + CUP & HANDLEPANTECH has developed VCP with 3 contraction. Cup and Handle also observed at the same time.
C1: -21%
C2: -5%
C3: -5%
Price breakout on 3 Feb. Let's see will volume continue follow through the price out or not.
Disclaimer:
Not buy call recommendation, just sharing technical analysis through chart pattern. Trade at your own risk.
RESINTC VCP SETUPHappy CNY everyone!
RESINTC got decent profit last year around Oct. Have been monitoring RESINTC since Jan 22 when it showing rigid setup back MA50.
Currently developed VCP at C3.
C1: -28%
C2: -16%
C3: -5%
Let's see if this round can spike for ATH or not.
Disclaimer:
Not a buy call. Just sharing technical analysis through chart pattern. Trade at your own risk.
A possible miners VCP set up VCP characteristics in place ...
- above key lines
- first contraction already happened
- setting up another one ...
on short list now ....
$ZIM nice VCP patternI'm bullish on shipping sector and love the price action on ZIM, follows trend line and nice VCP patter (volatility contraction pattern)
Not much downside in the name either with other tickers down pretty big - RELATIVE STRENGTH !
PLUS
Dividend !
I like the R/R starting a position here with a stop loss just below the breakout level !