I have covered this in my education blog, but here is a great example of a Climax Run Stock
Checklist
โ Price looks almost vertical
โ Run occurs after at least 18 weeks of the first base. (This run is 5 weeks after first base)
โ Rapid advancement +180%
โ Last 8 days before drop was 7 out of 8 days up
โ Last 2 trading days we saw the largest trading range
โ Stock is not extended above 200d MA - since no 200 days of trading (early IPO)
โ No Stock splits
Checklist
โ Price looks almost vertical
โ Run occurs after at least 18 weeks of the first base. (This run is 5 weeks after first base)
โ Rapid advancement +180%
โ Last 8 days before drop was 7 out of 8 days up
โ Last 2 trading days we saw the largest trading range
โ Stock is not extended above 200d MA - since no 200 days of trading (early IPO)
โ No Stock splits
๐ I provide FREE EDUCATION + COURSES here: tintintrading.substack.com/
๐ I share my TRADING everyday here: discord.gg/gTmcqWyWWe
๐ I sell premium indicators here: tradingviewindicators.net
๐ I share my TRADING everyday here: discord.gg/gTmcqWyWWe
๐ I sell premium indicators here: tradingviewindicators.net