A Good Setup:
Jana Small Fin Bank (JSFB) after giving 60% move in just 15 days from first base after IPO, didn't fall much, only 13%.
Instead went contracting between trendlines (TL), suggesting supply is low.
-Forming HTF(high tight flag, when move significantly but didnt fall much and contracts)
-Hovering near 10 ema
-Tight closes with volume contracting
-Green vol > Red vol
- VCP 3W-13/4-3T (meaning in 3 weeks contracting from 13% to 9% to ~4%, these 3 contraction are 3T in notation)
Read if you haven't: Volume Contraction Pattern (VCP), a good concept by sir Mark Minervini (his books are highly recommended)
Waiting patiently for breakout(BO) of trendline(TL) with some vol.
Jana Small Fin Bank (JSFB) after giving 60% move in just 15 days from first base after IPO, didn't fall much, only 13%.
Instead went contracting between trendlines (TL), suggesting supply is low.
-Forming HTF(high tight flag, when move significantly but didnt fall much and contracts)
-Hovering near 10 ema
-Tight closes with volume contracting
-Green vol > Red vol
- VCP 3W-13/4-3T (meaning in 3 weeks contracting from 13% to 9% to ~4%, these 3 contraction are 3T in notation)
Read if you haven't: Volume Contraction Pattern (VCP), a good concept by sir Mark Minervini (his books are highly recommended)
Waiting patiently for breakout(BO) of trendline(TL) with some vol.
노트
Still setup is on as falling with low volumes. Reversal entry setup
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.