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VCP

FDMT: VCP Pattern VCP: 6W 29/7 3T RS: 98 Had a breakout on Friday The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The last part "T" represents the number of contractions. The light blue lines in the chart correspond to the contractions. A more detailed description can be found in Mark Minervini's books. RS stands for relative strength and measures the strength of the stock compared to the overall market. The value range is 1-99 with 99 being the highest value. The rank was generated by fyntrade.
NASDAQ:FDMTLong
by fyntrade
EXLS: VCP Pattern VCP: 11W 14/2 4T RS: 75 The posted chart contains a VCP (volatility contraction pattern). The first label "W" stands for weekly and shows the duration of the entire consolidation. In the middle label, the percentage of contractions is indicated (for example, "15/4"), with 15 representing the -15% depth of the base and 4 representing -4% of the last contraction. The last part "T" represents the number of contractions. The light blue lines in the chart correspond to the contractions. A more detailed description can be found in Mark Minervini's books. RS stands for relative strength and measures the strength of the stock compared to the overall market. The value range is 1-99 with 99 being the highest value. The rank was generated by fyntrade.
NASDAQ:EXLSLong
by fyntrade
GREATEC entering STAGE 2In stock market, is very important to know what the stages the stock currently in. Different stage will apply different strategy. We always look for STAGE 2 stocks as they are lesser risk and lesser waiting time. GREATEC experience stage 4 for almost 1 year due to bad sediment in technology sector in 2022. Technology sector is recovering end 2022 and GREATEC is one of the earliest that enter Stage 2 among all the technology counters. Current setup looks good and you can consider to hedge your portfolio with Technology counter. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:GREATECLong
by adamkhoosk
2
SLVEST entering STAGE 2SLVEST is one of the big profit stock that i traded back then in 2020 based on VCP setup. I used to call this stock as SolarBest. :) Chart entering stage 4 since Mar 2021 till Nov 2022 which was around 616 days. Recently volume started to kick in and the chart seem turning back into stage 2. I also like the renewable energy sector where recent year lot of factories are installing solar panel for sustainable green energy commitment. SLVEST also a net cash company. Will update if there is any activity in future on this stocks. Feel free to comment if you got any question. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:SLVESTLong
by adamkhoosk
2
MFLOUR entering STAGE 2MFLOUR i traded back then in Jan 2021. Exact date will be 18 Jan 2021 when the chart setting up VCP. The trade went pretty good profit ~30%+ The chart after that went to Stage 4 downtrend since Feb 2021 till Nov 2022 (which is 600 days+). During this period of time, it is not appearing in the screener at all. End Nov 2022, volume and price both kick in and the chart currently back to Stage 2. Recently, this stock keep pop up in my screener. Is time to monitor this stock if VCP will set up again. Will keep update this stock if there is any movement. If anyone got any questions, feel free to comment. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:MFLOURLong
by adamkhoosk
PANTECH Weekly Chart VCP (AGAIN)This is the fourth time I share PANTECH. Can see the link below for my previous sharing. Previous trade in March got ~10% gain. However in September, trade was not successful as the chart further developed C2 correction. Recently got a C3 setup with low risk <5% pivot. Very tempting! Overall VCP in Weekly chart: C1: -27% C2: -13% C3: -4% Let's monitor, today breakout 0.70 with volume. See if the momentum able to sustain or not. Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:PANTECHLong
by adamkhoosk
2
TELADAN POWERPLAY + VCP Follow UpI shared the chart pattern on 6 Sep based on Powerplay setup. This counter continue correction phase till now. The pattern is clearer now. Left - POWERPLAY Right - VCP (C1/C2) C1: -13% C2: -7% Price breakout on 26 Oct 2022. Price currently testing its new support (red horizontal line). Its volume and price setup is good! Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
MYX:TELADANLong
by adamkhoosk