KAYU - POWER PLAYI bought my positions today
November 6, 2023
The reasons:
1. Low-risk entry with a crisp low cheat pivot point
2. The stock went up >100% in less than 8 weeks
3. VCP characteristics during the pause
4. The pause has less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. A high alpha stock with a low standard deviation
6. One of the leaders in this type of market environment
The flaws:
1. Stock squats after the breakout
2. The market is still in a hard-penny environment with only 30% of total stocks above the 200-day MA.
This stock is still so strong. I would like to see it calms down for couple days and develop a pivot reset to add more positions.
KAYU trade ideas
KAYU - POWER PLAYI bought my positions today
October 6, 2023
The reasons:
1. Low-risk entry with a crisp pivot point
2. The stock went up >100% in less than 8 weeks
3. VCP characteristics during the pause
4. The pause has less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. Good close and Huge volume on the breakout
6. A high alpha stock with a low standard deviation
7. One of the leaders in this market environment
The flaw:
The market is still in a hard-penny environment with only 31% of total stocks above the 200-day MA.
This stock is so strong, a Power Play on top of a Power Play. I like to see some follow-throughs in the upcoming days.
KAYU - POWER PLAYI bought my positions today
July 31, 2023
The reasons:
1. Low-risk entry point
2. The stock is up >100% in less than 8 weeks
3. Corrected the least during the pause, less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. High alpha moves with a low standard deviation
6. Power play on top of a power play
The flaw:
Lack of volume on the breakout
I like to see the stock moves constructively in the upcoming days.
