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.
VCP
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.
KGB VCP SETUP!!Here you go for the 2nd counter of the week, KGB with 5 contraction below:
C1: -34%
C2: -21%
C3: -11%
C4: -8%
C5: -8%
5th contraction is the pull back after the previous breakout.
The candle and volume on 23th July looks solid. Something brewing for KGB.
Fundamental wise looks good as well.
Disclaimer:
This sharing is based on my technical analysis experience. Not a buy call. Trade with your own risk.
WCT VCP Setup!!REPOST due to previous post is hidden as it violate trading view house rule to have link in normal account. I have remove the link in this post.
This week quite excited as i discovered another 3 counters with crispy VCP setup to share with you all.
Here you go for the first counter, WCT with 3 contraction of
C1: -24.28%
C2: -13.74%
C3: -6%
The huge volume on 14 July related to court case winning with Dubai... Can search back the related news.
According to this chart, something is cooking! Similar to HONGSENG , chart move first before news.
Disclaimer:
This sharing is based on my technical analysis experience. Not a buy call. Trade with your own risk.
KIOS (LOW CHEAT)Watchlist
Setting up a low cheat area with VCP characteristics, I would like to see a few more days before it breaks out. Volume needs to decrease a bit down to make the play fine as old wine.
PELIKAN VCP SETUPDisclaimer:
Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
UCREST VCP SETUPDisclaimer:
Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
BO of resistance lineBO of a longer period resistance line,approximately half year. Does it fall VCP pattern ??? i dunno.... anyhow use TA.
Resistance line become support line.
Let it fly.....we shall see how far can it goes.
DPIH VCP SETUP IN PROGRESSDPIH is forming VCP with contraction below:
C1: -29%
C2: -15%
C3: -11%
C4: -?
Based on prediction, i believe there will be one more contraction with less than 10% before it fully breakout and take off.
+ in watchlist...
Disclaimer:
Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
TXN VCP SetupTexas Instrument developing VCP with below contraction:
C1: -11%
C2: -4%
C3: -3%
Very low risk entry point. < 5%.
Prospect wise: Semiconductor demand from world wide despite pandemic situation as new norm require people to work from home, home entertainment and etc.
My first VCP coverage in US market... More to come.
MPAY VCP SETUPSeldom cover penny stock in my sharing as the risk and volatility are higher.
MPAY has nice VCP development with contraction below:
C1: -33%
C2: -16%
C3: -12%
C4: -4%
Low risk entry ~5%. Waiting breakout with huge volume.
Disclaimer:
Not a buy call, just technical analysis sharing based on my experience. Trade with your own risk.
JFTECH VCP SETUPJFTECH 169 days VCP development with below contraction:
C1: -44%
C2: -21%
C3: -11%
C4: -7%
Bursa Tech sector showing rebound signal recently and Nasdaq movement is strong as well.
Fundamental wise, JFTECH prospects looks good in their 5G & AUTOMOTIVE testing application.
Waiting for breakout.
JFTECH weekly chart also showing nice setup!
Disclaimer:
This sharing is based on my personal technical analysis experience and i am not giving any buy call recommendation. Kindly refer back to personal stock remiser on the recommendation. Trade with your own risk.
HEXTAR VCP Setup Again!Hextar previous VCP development was during Jan 2021. (See below article)
Another VCP development observed recently with below development:
C1: -25%
C2: -14%
C3: -6%
+ into watchlist to continue monitor if price can stand firm above MA50 or not. And wait for breakout with volume signal.
Hextar business prospect is good on agro chemical related products. Revenue and profit showing good improvement in YoY shown in recent Qr.
Disclaimer:
Sharing based on my personal experience. Not buy call, kindly refer back to your remiser and trade with your own risk.
HONGSENG VCP SETUP128 days VCP development with below contraction.
C1: -27%
C2: -19%
C3: -11%
C4: -4%
Low risk entry point formed with <5% risk.
Awaiting breakout!
Disclaimer:
This sharing is based on my personal experience in technical chart analysis. Not a buy call, trade with your own risk.
EMTK (VCP - 9W 26/6 3T)Setting up back from pivot failure that stopped me out. An inside day before it breaks out will strengthen the play. I am watching very closely.
Clear VCP in $VALE, I'm waiting for the breakoutSo the technicals are great, excellent uptrend with the price above its MAs and now formming a third base in which I'm waiting for the breakout to enter a position. The pattern is accompanied by low volume, that's good too. Also, is leading its sector. Very strong realtive strength against the Steel ETF AMEX:SLX , which has a 17% allocation of the stock.
Today Zacks gave it a Rank #1 for STRONG BUY and, is Rank #1 in its industry in the IBD Investors Group Leaderboard with a 92 Rating on the IBD Relative Strength. These are all good bullish signs. I'll be setting a stop buy order in $23.35 with a sell target in $27.10.
Another thing I like is that NYSE:VALE has a strong revenue growth since 2017.
ROKU - best high growth stock with VCP breakoutROKU's 2021 Q1 sales growth was 79%, where platform sales grew 100%. 2021/6/17 MACD crossed up 0 and finished a near 4 month VCP. Then the stock broke up 3C $355 with increased volume reaching pivot price $426. The stock is a buy under both fundamental and technical analysis. If it pull back to 20 wma will be last chance to enter.
U - finished lockup expire selloffU has finished its lockup expire selloff. 5/26 MACD cross up 0. 6/10 20wma cross up 60wma. 6/21 breaks out pivot $105.5.
Next Price Target is $127.5
VSTECS VCP SETUPVSTECS currently at C3 for its VCP development.
C1: -21%
C2: -11%
C3: -4%
Overall setup is crispy. Waiting for Breakout with volume!
Disclaimer:
This sharing is based on my personal experience. Not a buy call, trade with your own risk.
VCP forming in TRVGVolatility Contraction pattern have been formed and contracted in trvg chart. Volume have been dried out recently.. watch out closely for high volume breakout or traveling uk and us border news.
resistance 1: 5.2
resistance 2: 7.5
