The VCP, which dates back to Richard D. Wyckoff’s “wave pattern,” carries a high rate of success when executed properly. It essentially looks like a bull flag. Many successful traders may refer to the pattern as simply a “high tight flag.” However, that pattern implies certain criteria that may not fit the VCP. Regardless, the setup has obvious influence from...
** Co, which offers visa services, reports a 66% jump in Q1 profit, with income from ops growing faster than the rise in its expenses ** Co's EBITDA margin jumps to 27% from 20.9% a year earlier ** BLSN stock extends YTD gains to 14.3%
For intraday trading I am focusing on kotakbank for tomorrow. If stock retraces to around **83 I think it will be a good place to look for negative signals in shorter tf.