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.
VCP
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
HARBOUR VCP SETUPHARBOUR VCP Setup observed!
C1: -20%
C2: -12%
C3: -8%
C4: -4%
Price breakout on 10 June and form a shooting star. Next day looks like recovery with hammer candle!
Looking good with shipping price sky rocketing.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
LCTITAN Short Base VCPAnother short base VCP observed.
C1: 17%
C2: 7%
C3: 5%
Huge volume during the price surge before May and super dry volume during price contraction in May.
Let's see if how the development in June!
Fundamental wise: NTA 5.48!
Similar to MMC where the share price much lower compare to the NTA. Can refer back my previous MMC VCP sharing in the link below.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
N2N Short Base VCP SetupN2N just entered into Stage 2 (Up trend Stage) and observed to develop a short based VCP.
C1: 16%
C2: 4%
C3: 3%
Currently forming a pivot point. Take note that 11 June will be the dividend entitlement date. Lets see how the price develop after the that.
Fundamental and prospect wise, N2N is looking good.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
SOLUTION VCP SETUP2020 SOLUTION VCP Setup manage to get 100% profit! (see my previous sharing in below link)
Once again, SOLUTION is forming another VCP setup with low risk entry point (~7%)
C1: -46%
C2: -19%
C3: -12%
C4: -7%
Cansino vaccine green light from goverment coming soon?
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
VCP/POWER PLAY - TAPG [4W 15/6 3T] The first time I spot this setup, coming from a power play to, then, showing a vcp characteristic. I am about to find out a great leader to show up, volume and RS line are doing fine.
CIMB UNDER VCP DEVELOPMENTCIMB also developing a VCP but so far just completed 2 contraction.
C1: 18%
C2: 13%
C3: Pending
C4: Pending
CIMB is lagging behind Public Bank as Public Bank has completed 4 contraction. Can put into watchlist!
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
Public Bank VCP DevelopmentPublic Bank is forming VCP with below contraction:
C1: 12%
C2: 10%
C3: 9%
C4: 3%
C5: 2%
27 May is the first low risk entry point with good fundamental + dividend support.
Still in good development!
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.
