r/CANSLIM

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

Stoked to be a special guest!

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.

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.

ECG (Everus Construction Group) showed up in my CANSLIM screen and my stock screener recognized a bullish flag on the daily.

Trend Template - all 7 criteria met

• Price ($161) > SMA200 ($98.92) ✓
• SMA200 trending up ✓
• Price > SMA150 ($105.99) ✓
• SMA150 > SMA200 ✓
• Price > SMA50 ($131) ✓
• SMA50 > SMA150 and SMA200 ✓
• Price near 52-week high, ~92% above 52-week low ✓

The Pattern

Classic bullish flag. The pole ran from ~$131 (prior consolidation zone) up to ~$165-168, roughly +26% on elevated volume. Flag is tight and orderly, volume is drying up during the consolidation. Stock is sitting on the EMA9 right around $160-161.

Fundamentals

EPS over the last 6 quarters: $0.67 → $0.72 → $1.03 → $1.11 → $1.08 → $1.14. Positive surprises of +65%, +72%, +77%, +39%, +41% - no single miss.

Revenue went from $760M to $1.037B over the same period, crossing $1B for the first time in Q4/25. Next earnings August 10, 2026.

RS > 96

Sector

Construction & Engineering (Industrials) is scoring 91/100 on price strength and 93/100 on growth. The group has outperformed 96% of sub-industries over the past month, 93% over six months. 21% of the 38 stocks in the group are at new highs versus just 5.3% at new lows.

Strong breadth, doesn't seem like a one-stock story...

$FIX came out of double bottom back in april 2025 and it has been growing in such a beautiful manner. Its up over 600% in one year, and the stock never would have gave you a hard time. It just stays over the 10wk ma all the way and has clear upper channel line.

canslim resources

My deepest apologies for ruining your day

What's going on everyone.
As we always do be breaking down everything that went on today in the market as we move into the final day to close out the week. Let see what went down! Longer one today with some added commentary I think is important to hear.

Disclaimer: For educational purposes only; not financial advice. Trading stocks involves risk of loss. Please conduct your own due diligence before making any trades.

Market Action:
- Market opened up and climbed for the first hour and a half. Then we turned around as the bears stepped in to say “not today” as the bulls tried to push yet another ATH. We continued to reverse lower through the day and closed in the red. Both the Nasdaq and S&P closed near lows for the day showing stalling like action. Volume for both indexes was very close to yesterday showing just slightly lower ( I know some people might show a little different but I don’t think it matters much)

- We are still holding above the 10sma and obviously still trending higher. But with todays action we would expect normal action for tomorrow to be a down day. I am not predicting just explaining that being down tomorrow and maybe even starting a pullback and breaking the 10sma would be completely normal action for this uptrend so just be prepared. It isn’t news to anyone that this market has been screaming higher with little to no pause. So a healthy pullback is welcome to cool off and also create some great set ups. This is ideal and we all know that “ideal” doesn’t always happen. Point of this is just to bring context to the market and especially prevent people from panicking should we start trending lower in the immediate short term. It’s still a roaring bull uptrend.

Distribution/Rally:

- Not sure how everyone is going to show today in terms of distribution based on there volume but I am not adding anything today. We also did not lose any days so we continue to sit at 4 on the S&P and 0 on the Nasdaq with my count. The most important thing is it is clear we are not seeing heavy institutional selling in the market at this time. So we can sit and debate over the exact count but even if you add DD to both indexes today it doesn’t change the outlook.

 

Outlook:
- Speaking of outlook the outlook remains the same. Highly long with a caution with to much new long exposure. Should we get the ideal situation talked about above you want to be ready to take action and start adding exposure if you have freed up equity. Really work hard to screen and be prepared for this possibility. Just like the FTD it could be a small window to get in on some big leaders with great low risk entries. Again the market could just rip higher no pullback  and if that’s the case I am not saying don’t make any new buys I am just saying understand the added risk and personally I prefer to keep new buys to a minimum.

- As for where I am at currently. I still have my full position in TSM, little 2/3 my position in MU and half my position in SNDK. I sold ALB prior to earnings for a small gain. Today attempted a earnings gap buy with a tight low of day stop that eventually got hit. This has me sitting around 50% long. Yes in the grand scheme of this uptrend this is less long exposure than I really want but not concerning to me given most of the capital taken off the table was profit taking. Now I am positioned well to redeploy capital when set up post earnings present itself or if we get that pullback.

- I can’t stress this enough. Be disciplined, be patient and most importantly do a mental audit of yourself. I see a lot of people across a lot of platforms that are frustrated with missing big trades, the lock out type rally we had or just frustrated in general about the performance. DO NOT carry that negative emotion forward and have it hurt your future trading. This game is soooooo mental it is insane. There are 10000s of ways to make money in the market and so many proven methods. The rules for most are all laid out and available to everyone. Some even know exactly what to do. But most struggle not from lack of knowledge but from a poor mindset. So really reset your psychology and make sure you are clear headed.

 

Sectors:

- Pretty much everything down/flat but tech actually show some decent RS. Communications led the day. Materials and Energy the laggards. Overall though tech and energy continue to be the leaders

Industries/Themes:
- Today was led by cyber security and software names. Groups that got hit today were LiDAR, Quantum, Space, Crypto stocks, Data center, rare earth and nuclear. A lot of these names have been showing some rapid growth though. I attached a screenshot of the top rapid movers both up and down. Definitely worth taking note of these names as they have been showing strength.

- As we continue in the uptrend I think it is important to watch for rotation or names climbing the rank. When the market is declining it’s a little easier to see what is just holding up the best but when the market is ripping higher it can be harder to see groups coming to the top. It is also important to understand the difference between a group leading and in a steady uptrend vs a group performing well short term but still in a downtrend. Hope that makes sense.

Market Events:
- Jobs report tomorrow

Daily Screeners:

Up on Volume:
- ACMR, AVTX, FLNC, MTSI, RXO, VTRS, XMTR, XNDU

Big Gap:
-AKAN, CRWD, FLNC, FROG, INSW, MTSI, NAMS, PANW, PRMB, RXO, S, SNEX, VTRS, VVV, XMTR

Daily RS:

- AKAN, NAMS, SNEX, NTCT, FLNC, PRMB, RXO, ENOV, LIVN, FUN, DXYZ, MIDD, PRM, MAIR, VTRS, ACMR, MTSI, CRWD, PANW, LAMR, WRBY, XMTR

52 Week High:
- BAND, SHAZ, AVNS, RIOT, XMTR, AVTX, RXO, FLYW, MTSI, SNEX, TGTX, INSW, DVA, VTRS, OUT

Earnings Tomorrow:
N/A

STAY DISCIPLINED!

*Primary Screener/Charting tool used here is Deepvue. If you are interested check out my affiliate link https://deepvue.com/robert-campos-partners/ and use code P2PFreeMonth for a free month trial and BOBBY12 for 12% off an annual membership*

*Webby trend is something I got from Mike Webster. Check out his YouTube Channel for more info and for tons of great CANSLIM content! https://www.youtube.com/@Webby5150 *