VCP
MAYBULK VCP Setup (Follow Up)I shared MAYBULK VCP development earlier and that time attempt unsuccessful. (Link below)
The VCP back in shape again. But seem like will have another round of correction to test the support.
Let's see if this round able to attack or not with overall logistic sector are moving.
C1: -30%
C2: -15%
C3: -11%
C4: Observing
Disclaimer:
Not a buy call suggestion, just sharing chart pattern for education purpose. Trade at your own risk.
PENSONI VCP SETUPOverall VCP for PENSONI is crispy. The contraction and volume relationship looks promising.
C1: -28%
C2: -8%
C3: -7%
C4: -6%
C5: -5%
Recent September volume enter breakout the previous pivot.
Will it continue to attack higher? Let's see!
Disclaimer:
Not a buy call suggestion, just my sharing on technical analysis and chart pattern based on my trading experience. Trade at your own risk.
UVCR (POWER PLAY)I set a tight stop as always, stock shows a lot of pivot failures these days.
The stock breaks out yesterday in a good close after its meteoric 500%+ move, stock has VCP characteristics. I have some positions. Therefore, I like to see if the stock can hold up and follow through in days to come. Another scenario I want to see is one more contraction to develop in a very tight fashion, then I will consider adding some position.
INARI VCP SETUP!!INARI observed to develop VCP (>180 days) with below contraction:
C1: -20%
C2: -6%
C3: -6%
C4: -4%
Low risk entry zone. Big block at 3.56/3.57. Awaiting big volume come in and break it! 2nd half go go go?
New apple product launch next week can help to boost INARI share price?
Disclaimer:
Technical analysis sharing on chart pattern. Not a buy call recommendation, trade at your own risk.
(US) AMAT VCP Setup Follow UpI shared AMAT previously at beginning of Aug (link below) and unfortunately the previous movement is not strong and the chart develop another contraction C3. The overall contraction for AMAT as shown below:
C1: -21%
C2: -12%
C3: -12%
C4: -4%
C5: -3%
Pivot point observed above the trendline. Awaiting volume and breakout!
Disclaimer:
Trade at your own risk. Not a buy call, sharing based on technical analysis with pattern and indicators.
PIE VCP SetupPIE experiencing VCP setup as well similar to it's competitor (VS, SKPRES). Can refer to link below for the other 2 counters' pattern setup.
For PIE, obvious higher low formed with below contraction:
C1: -32%
C2: -12%
C3: -6%
C4: -11%
C5: -8%
Awaiting rebound from C5 and breakout to confirm entry point.
BTW, SKPRESS seem breakout first yesterday on 15 Sep 2021.
Disclaimer:
Not a buy call, just sharing on technical analysis based on technical pattern and indicators. Trade at your own risk.
<TradeVSA> Re-accumulation Completed with NS Sign of Strength in the chart:
1. NS Signal as Support
2. VCP setup
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
<TradeVSA> Re-Accumulation with Potential VCP SetupCase Study:
1. Genting
2. Genm
Sign of Strength in the chart:
1. Re-accumulation
2. Potential VCP Setup
3. Strong background
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
MAYBULK VCP SETUPMaybulk developed VCP in ~120 days with below contraction:
C1: -30%
C2: -16%
C3: -9%
C4: -4%
C5: <-4%
3 Sep & 9 Sep both day showing breakout!
Disclaimer:
Not a buy call suggestion. Just a sharing on technical analysis through chart pattern for education purpose. Trade at your own risk.
<TradeVSA> MACY Breakout from VCP. Pullback Coming ?Sign of Strength in the chart:
1. Weekly Chart
- Green Pentagon from Re-accumulation
2. Daily Chart
- Breakout from VCP + Reaccumulation
- Turning to Red Pentagon with Potential 1st pullback
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
WCT VCP Follow UpFollow up on WCT VCP development.
Back then in July the breakout is not successful and it develop contraction up to 13% (C3).
I believe C4 will form before it fully take off. Let's monitor together.
C1: -24%
C2: -13%
C3: -13%
C4: Waiting...
Disclaimer:
Not a buy call, just chart pattern and technical analysis sharing. Trade at your own risk.
HIAPTEK VCP SetupHIAPTEK has developed a nice VCP with below contraction:
C1: -34%
C2: -20%
C3: -8%
C4: -9%
C5: -4%
Breakout on 30 Aug 2021. And price still stand strong with volume contraction.
Next week go go go?
Disclaimer:
Not a buy call, just sharing on technical analysis with chart pattern. Trade at your own risk.
FRONTKN VCP SetupFRONTKN VCP with below contraction:
C1: -30%
C2: -11%
C3: -10%
C4: <-5%
Monitor if can a pivot point form at this region or not. Low risk entry zone.
Fundamental wise Net cash company.
Disclaimer:
Not a buy call, just sharing on chart pattern and technical analysis. Trade at your own list.
<TradeVSA> PAYPAL - VCP with Green PentagonSign of Strength in the chart:
1. Re-accumulation with VCP
2. Green Pentagon cross downtrendline
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