I've secured my positions incrementally from 16th June coming from a sound power play setup.
I got my position earlier on 19th May at its Low Cheat level. This is a strong Power Play setup with huge volume on the breakout. It even has a fractal, a small cup with handle on its tight right side.
$LNTH still one I am watching Held up relatively okay around its 50 MA while the general market made a new low. Its been trading tightly putting in an inside week last week and a tight trading range.
I got my position today from a power-play setup. Then, I also have reduced some positions when it squats, but the stock comes back and closes good.
I have my position today on the Power play setup. The stock has huge volume on break out, a strong sign of a stock.
Liquid Natural Gas Powerplay with nice VCP setup. Avg Cost: 28.84 Position Size: 5.5K 1.05% "Half Positioning" (500 USDs risk) Stop: 26.15 Risk: 9.32%
LNTH Power Play(High tight Flag) gets tight and offers entry. It has a nice shakeout that helps the pattern because it was wedging. This is a very competitive industry with low margins but the price action is very powerful so giving the benefit of the doubt.
Another Oil & Gas Power Play. 100% or more in less that 8 weeks. Been trading tight and holding since March. Overcrowded trade. IMO it makes more sense to buy oil names on pull backs to the 50 day than on breakouts but will give it small go again as it broke out today from tight area.
Biotech Power Play (164% increase since Jan low). Consolidated making a nice VCP with a constructive shakeout below the 50 day giving tennis ball action immediately with very nice up volume vs down volume. Avg Cost: 42.10 Stop: 38.55 Risk: 8.43% $ Risk: 675 usd--> 8K position size, .55% portfolio weight. Wanted to buy full "Positioning Size"-->1k risk, but stock...
I have my position early morning on 14th April. The stock formed a Power Play setup. I used to wait for at least 8 days for the Power play to correct/pause after an explosive move. But, these days it breaks out even earlier. I also watched this stock prior to its IPO, but I missed its Power play setup on the 24th of January.
I got some position today on the power play setup. The stock could hold its tight level in a very volatile market today when the index went 1.2% down in the morning and bounced back up to the closing day.
Breaking out of a power play from a low cheat pivot level. I missed a position on the earlier power play as it has a wide range of percentage risks.
1. Over 100% move on volume from a big base(48weeks). 2. 5'th Week tightening consolidation on decreasing volume. 3. 8&21EMA caught up the price and holds it while the market(QQQ &SPY) is pulling back.
The stock breaks out today on a low cheat pivot with huge volume. Some break outs start to work now, I like to see this power play to also working well.
I got my position today from a low cheat pivot, it breaks out with good volume.
A power play with interesting fundamentals. I have determined a staggered stop, and I like to see a breakout soon.
I consider this as a power play, stock paused quite well indicating big players holding their positions. I like to also have some positions here.
Currently developing its pivot at low cheat level, I'm looking forward to seeing a breakout soon.