TAPG - VCP (11W 18/4 3T)IDX:TAPG - VCP
(+):
1. Low risk entry point on a pivot level.
2. Volume dries up.
3. Price has been above the MA 50 for over 10 weeks, with values exceeding 150, 200, and 300.
4. Price is within 25% of its 52-week high.
5. Price is over 30% of its 52-week low.
6. The 200-day MA has been trending upwards for over a month.
7. The RS Rating is above 70 (86).
8. There has been a significant breakout with substantial volume
**EPS Growth:**
a. Quarterly QoQ: -46.42%.
b. Quarterly YoY: +117.27%.
c. TTM YoY: +111.05%.
d. Annual YoY: +94.02%.
(-)
1. Trump Implements a 32% Increase in Tariffs on Indonesia
2. The market is volatile due to the ongoing war
TAPG trade ideas
TAPG (VCP 10W 18/4 3T)Position update: July 9, 2025.
Key factors:
1. Confirmed stage 2 uptrend.
2. A textbook VCP setup with a clear, low-risk entry
3. Has absorbed its majority line of supply.
4. The stock moves on its own drummer, hitting an all-time high while the index struggles to reclaim its highs.
5. High relative strength.
6. Volume has dried up, indicating less supply coming to the market.
7. Strong fundamentals, with consistent triple-digit year-over-year earnings growth.
8. Significant volume surge on the breakout.
Considerations: Despite a favorable technical setup, risk should be managed diligently given the stock's sharp ascent and potential for profit-taking. Establishing stop-loss levels and monitoring market conditions is essential.
This is a quintessential VCP breakout with a clear pivot entry and minimal risk. I’m starting to see increased traction in the market now—a very positive sign to scale up trading size.
TAPG - VCP (20/5 3T)IDX:TAPG VCP
(+):
1. Low risk entry point on pivot level
2. Volume dries up
3. Price above MA 50 > 150 > 200 over 10 weeks
4. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
8. RS Rating is over 70 (84)
9. Biggest net income +197.70% on Q4 2024 vs Q4 2023
(-)
1. Breakout with huge volume but created long red candle