VCP
MPAY VCP FOLLOW UP First article featuring MPAY on 12 July. Fake breakout that day and further correction ~15% (formed C3).
VCP continue to developed at C4 now. Continue monitor and waiting for signal to go in.
Overall setup now:
C1: -35%
C2: -16%
C3: -14%
C4: -8%
Let's see if this round will breakout all the way or not.
Disclaimer:
Not a buy call, just sharing technical analysis and chart pattern. Trade at your own risk
<TradeVSA> AAPL - VCP with Pullback. Strong UptrendSign of Strength in the chart:
1. VCP in re-accumulation
2. Breakout with Green pentagon
3. Pullback completed
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
ARNA (VCP - 7W 15/5 5T)Setting up a VCP here, I am looking forward to seeing this stock break out this week.
REVENUE VCP SETUPREVENUE developing VCP since April.
C1: -27%
C2: -13%
C3: -3%
I believe C3 still need develop for awhile before it fully attack.
Lately e-payment/wallet sector seems brewing. GHL and MPAY also developing VCP pattern. I do shared MPAY VCP in one of my previous post.
Let's see how this sector go.
Disclaimer:
Not a buy call, just technical chart analysis sharing. Trade at your own risk.
<TradeVSA> Healthy Pullback? Supporting with 3 NS Signal !Sign of Strength in the chart:
1. Breakout from Accumulation with Shakeout
2. Healthy Pullback
3. 3 NS Signals
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Bag Holding? Ready for Reversal ! Sign of Strength in the chart:
1. Bag Holding
2. No confirmation on reversal yet
3. Looking for VCP setup
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
PNBS (VCP - 12W 35/6 4T)Getting tighter to the right side, I like to see one or more days before it breaks out.
<TradeVSA> Re-accumulation with VCP. Ready for Breakout?Sign of Strength in the chart:
1. Re-accumulation with VCP setup
2. NS signal near support
3. Weekly chart holding at support
Case Study:
1. VSTECS
2. DNEX
3. PIE
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
DNEX VCP SETUPDNEX start develop the VCP at March. 6 Aug breakout the C3 contraction with volume.
C1: -35%
C2: -26%
C3: -10%
I believe will have one more contraction before fully take off. Let's see.
Disclaimer:
Not a buy call, just sharing on chart pattern analysis. Trade at your own risk.
VS VCP SETUPVS developed VCP with below contraction:
C1: -26%
C2: -12%
C3: -4%
VS breakout last contraction or primary trendline on 2 Aug. The entire development was around 7 months.
Let's see if VS can break new high or not.
Disclaimer:
Not a buy call, just sharing on chart pattern. Trade at your own risk.
CIMB VCP SETUPBack in early June, i have shared CIMB VCP Setup, i believe the further contraction till now were due to market sentiment in finance sector still not recover.
Keep in watchlist with below contraction:
C1: -18%
C2: -13%
C3: -6%
Still yet to have any buy signal, just chart pattern sharing.
Disclaimer:
Trade at your own risk, not a buy call recommendation.
AMAT VCP SETUP AMAT observed to have VCP setup with below contraction:
C1: -21%
C2: -11%
C3: -4%
2 Aug Gap up and breakout the 2nd contraction. Can the breakout sustain? Let's see.
Disclaimer:
Just a sharing on the technical analysis. Trade at your own risk.
BURSA TECHNOLOGY SECTOR VCP!!Technology sector Breakout soon!
Tech stock go go go?
C1: -17%
C2: -5%
C3: -3%
C4: -3%
INARI, D&O, GREATEC, UWC, JHM, FRONTKN, JFTECH, QES and etc.
Don't all in ya...
Disclaimer:
Just for sharing and education purpose, not a buy call, trade at your own risk.
<TradeVSA> VCP setup in ISDNSign of Strength in the chart:
1. Reaccumulation with VCP
2. Pullback with NS (Weekly chart)
3. Pocket Pivot
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
CMCSA VCP SetupFirst time seeing this kind of VCP contraction where every contraction also showing a single digit contraction.
C1: -9%
C2: -7%
C3: -4%
C4: -3%
Very low risk entry point. Earning report was published yesterday with YoY growth.
Will it serve the momentum to breakout like AMD? Can refer to my prefer AMD prediction in the link below.
ESSA (VCP 10W 23/10 3T)Watchlist
VCP developing at low cheat area, watching at the price action as its RS and vol are fine as old wine. I would like to see one more contraction before it breaks out.
ANTM (CUP WITH HANDLE)A strong pattern that introduced by William O'Neil.
I put this on my actionable watchlist as its volume, RS, and other criteria work so well.
CENSOF prepare to breakout? Will it succeed?CENSOF is a company in technology sector which specializes in IT services and solutions. This counter had fulfilled the criteria of indicators that i'd been use in technical analysis that made me to published this idea. There are few indicators and reasons which supports my idea.
Firstly, this counter have a strong resistance and support line. As you can see in the chart, the price movements shows the patterns of Cup and Handle, Flag and Pole & Ascending Triangle which all the patterns are bullish continuation pattern. CENSOF is currently uptrending based on its MA50 & MA200 and it will be very likely to continue its bullish trend. The support line is strong as 3 occurrences of retracement at the support line follows slightly above MA50. There are 4 attempts for breakout on the current resistance at 0.520 and the fifth attempt will be very likely to succeed.
Secondly, the contracted volatility of price range occured starting 20 April 2021. This indicates a few things that happen in this counter. Retailers sell their possession for profit taking when the breakout attempt failed. The accumulation by the institutional traders and investors created spikes of volume at the retracement. The supply is diminished corresponding with the volatility contraction. Refer to the chart, the volume traded is decreasing due to the diminishing supply. As soon as breakout succeed due to the low supply and high demand,, the demand will explosively increasing as the retailers try to join the price rally.
Thirdly, the hidden bullish convergence of the RSI line and closed price. This convergence indicates the continuation of the bullish trend. RSI indicators purpose is to determine the momentum of the price action. Even though the momentum is decreasing, it's still in the neutral zone and the price keep to climb up. Accumulation of momentum is currently occupied as the price range continue tightening/consolidating before the breakout and bullish trend take over.
As conclusion, CENSOF had a great technical and financial analysis to be noticed by everyone for a chance to gain profit. The financial analysis is necessary to attract interest from traders/investors and to estimate its potential growth.
DISCLAIMER: This post serves as an educational analysis and is never meant/ intended to be a buy/sell call or recomendation, whatsoever.
Investors / traders must always do their own due deligence before making any investment decisions. The author of this post is not liable in any way for any decisions made by any individual.
<TradeVSA> Strong VCP Setup. Ready for Breakout?Sign of Strength in the chart:
1. Re-accumulation with VCP
2. Effort bars above 20/40ma
3. NS Signal
Stocks to monitor:
1. EWEIN
2. Censof
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
HHGROUP VCP4th Sharing of the week.
HHGROUP VCP also quite rigid, just that 21 July red volume a bit much...
C1: -40%
C2: -17%
C3: -9%
C4: -7%
Pivot is here...
Another concern is the fundamental of this HHGROUP. Chart move first and news follow? Let's monitor! Can comment below for discussion.
Disclaimer:
This sharing is based on my technical analysis experience. Not a buy call. Trade with your own risk.
SP SETIA VCP3rd sharing of the week is SP SETIA VCP setup with below contraction:
C1: -18%
C2: -6%
C3: -6%
To be honest, i a bit confuse during this pandemic period, property demand is good? By logic thinking the economy is impacted and property demand will drop significantly...
But, chart is our best insider.... Few property related chart is brewing such as this SP SETIA, ECOWORLD, IREKA.
Not sure what is cooking...If can breakout then is real.. Let's monitor together! Can comment below if any opinions from you.
Disclaimer:
This sharing is based on my technical analysis experience. Not a buy call. Trade with your own risk.
