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Perfect Buy Points: The Power Play
JS-Masterclass #9:
Perfect Buy Points – The Power Play
In the recent tutorials we have some patterns leading to a Perfect Buy Point (Volatility Contraction Patterns, IPO’s – The Primary base).
In this tutorial we will cover the so called Power-Play.
Characteristics of a Power-Play:
1. An explosive price move on huge volume; the stock
shoots up 100% or more in less than 8 weeks.
2. The rapid price run-up could be induced by a major news
development such as an FDA drug approval, litigation
resolution, a new product or service announcement or
even an earnings report, or on no news at all.
3. The stock price then moves sideways in a relatively tight
range not correcting more than 20% over a period of 3-
6 weeks (some emerge after only 10 or 12 days).
Here are some examples:
Perfect Buy Points – The Power Play
In the recent tutorials we have some patterns leading to a Perfect Buy Point (Volatility Contraction Patterns, IPO’s – The Primary base).
In this tutorial we will cover the so called Power-Play.
Characteristics of a Power-Play:
1. An explosive price move on huge volume; the stock
shoots up 100% or more in less than 8 weeks.
2. The rapid price run-up could be induced by a major news
development such as an FDA drug approval, litigation
resolution, a new product or service announcement or
even an earnings report, or on no news at all.
3. The stock price then moves sideways in a relatively tight
range not correcting more than 20% over a period of 3-
6 weeks (some emerge after only 10 or 12 days).
Here are some examples:
Combing the BEST of two WORLD's: Cathie Wood & Mark Minervini
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