Really thought this one was going make good move. The chart looked like a textbook Volatility Contraction Pattern (VCP) breaking out, and the fundamentals backed it up perfectly (earnings were up +374% last quarter, sales growing +8%).
Instead, it completely reversed, wiped out the breakout candle, and triggered my 6.5% stop
Really thought this one was going make good move. The chart looked like a textbook Volatility Contraction Pattern (VCP) breaking out, and the fundamentals backed it up perfectly (earnings were up +374% last quarter, sales growing +8%).
Instead, it completely reversed, wiped out the breakout candle, and triggered my 6.5% stop.
Every time I see a stock like $SNDK, ARM, DELL, MXL go up nearly 400% in 20 weeks, I tell myself "wait for the pullback." But once the pullback actually happens, I get too scared to pull the trigger because I'm afraid the trend is dead.
How do you guys safely enter a stock that has already had a monster move?
If you have any go-to video guides or specific traders to watch who explain the rules for buying pullbacks on extended growth stocks, please drop them below
Every time I see a stock like $SNDK, ARM, DELL, MXL go up nearly 400% in 20 weeks, I tell myself "wait for the pullback." But once the pullback actually happens, I get too scared to pull the trigger because I'm afraid the trend is dead.
How do you guys safely enter a stock that has already had a monster move?
If you have any go-to video guides or specific traders to watch who explain the rules for buying pullbacks on extended growth stocks, please drop them below!
Hey everyone, I’m looking at National Energy Services Reunited Corp. ($NESR) on MarketSurge and wanted to get some eyes on it.
Hey everyone, I'm looking at the MarketSurge chart for Steven Madden Ltd. ($SHOO) and the fundamentals look incredibly weak, yet the stock has more than doubled from its recent lows around $20.00 up to **$**50.
or the experienced swing traders and fundamental analysts here: What is driving this 100% move?
Dycom Industries ($DY) shows massive fundamental strength with a 97 Composite Rating, accelerating triple-digit EPS growth, and solid institutional accumulation (B+ rating). It is currently forming a strong multi-month consolidation base just below its $446.00 pivot.
While the long-term trend is powerfully bullish, the recent daily pullback to $437.37 means swing traders should watch for support at the 21-day or 50-day moving average and await a high-volume breakout before entering.
RS line is at new highs and the A/D rating is an "A," which is very constructive. However, it's been trending since the March breakout—do you see this May tightness as a valid secondary entry? Curious if anyone is adding here or waiting for a pullback to the 10-week line.
Here is my current journal. I’m disciplined with my stops (losers are generally small), but I’m struggling to catch the big 3–5R moves.
My average hold time is very short. Am I over-trading the noise, or is the current market just not providing follow-through for these setups? Any advice on my ticker selection or timing would be huge. I have attached My journal and distribution curve charts with this post.
Here is my current journal. I’m disciplined with my stops (losers are generally small), but I’m struggling to catch the big 3–5R moves.
My average hold time is very short. Am I over-trading the noise, or is the current market just not providing follow-through for these setups? Any advice on my ticker selection or timing would be huge. I have attached My journal and distribution curve charts with this post.
Bought $TKR today at $117. It’s showing a clean VCP breakout after that +18% earnings gap. The subsequent "quiet" pullback on low volume is exactly what I look for in a Minervini-style setup. Stop is set—anyone else tracking this one?