Week 14 Market Update + 3 Stocks With Volatility Contraction Pattern (Pending Breakout Signal)

@WYCKOFFPRO
S&P 500 and the DOW have been hitting new high. Even NASDAQ is back to test its all time high. If you are still wondering why your portfolio are not performing despite the indices keep pushing historical high, you are not alone. The on-going sector rotation has been tricky. If you did not catch the stocks where the hot money flooded into, you are likely missed out the strong rebound and rally while holding the under-performed stocks. So, where are the hot money? For the past Sunday's update, I have mentioned Homebuilders (Ticker: ITB) and Semiconductors (Ticker: SMH). I've also shared some out-performing stocks like AMAT, ASML, LRCX, MCD, YUM, MTZ, TPX, EBC etc...If you catch some of those, congratulations. On top of these,Retail (Ticker: XRT) and Airlines (Ticker: JETS) have been outperforming.Large cap growth (Ticker: IVW)is leading the rally. If you are too busy (or lazy) to do the research, check out my video below where I hand-picked stocks showing volatility contraction pattern (VCP) that is likely to breakout and start the up trend from the re-accumulation phase (Just like MCD, YUM, etc..). IVW - S&P 500 Growth ETF US: Mark Minervini Volatility Contraction Patterns Spotted in COF, COHR, LPLA— Time To Breakout? Volatility contraction patterns (VCP) which was popularized by Mark Minervini have been spotted in $第一資本(COF)$ , $Coherent(COHR)$ and $LPL Financial Holdings Inc(LPLA)$ , which could be the signal prior to a start of the uptrend. Find out how to trade the breakout with volatility contraction patterns to catch the potential explosive move to the upside. COF - Contraction of volatility with decreasing volume from left to right COHR LPLA A breakout (with expanding volume) above the pivot point resistance could trigger long entry with anticipation of higher targets.
Week 14 Market Update + 3 Stocks With Volatility Contraction Pattern (Pending Breakout Signal)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet