I have positions today.
This is a long base VCP setup:
1. The stock is in a confirmed stage 2 uptrend, within 18% of the 52-week high.
2. Low-risk entry.
3. High RS Line.
This setup looks even better in the weekly timeframe.
This is a long base VCP setup:
1. The stock is in a confirmed stage 2 uptrend, within 18% of the 52-week high.
2. Low-risk entry.
3. High RS Line.
This setup looks even better in the weekly timeframe.
Trade active
I like to see some tennis ball actions here.Trade closed: stop reached
I got shaken out today at avg -4.5% loss.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.