US Stocks| Thoughts on OXY& SPY

LCapitaljr
2022-12-05

$OXY VCP - Volatility Contraction Pattern is not a separate pattern from a cup with handle, power play, inverse H&S, double bottom, cup completion cheat (3-C), etc... it's a characteristic of the patterns. Yes, it does map out a "pattern", but it can occur within any of the above.I developed VCP because I saw so many traders misinterpreting technical patterns and I wanted to come up with a way to better explain what to look for and how to properly identify constructive price action. Viola! Volatility contraction analysis via VCP is born.- Mark Minervini    $Occidental(OXY)$

 

$SPY" You don't want to bet the farm when trading but if you trade like a pussy, you'll never have a farm to bet!"  $SPY(SPY)$

- Trader_Dante

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