Volatility Contraction Pattern and B-Wave Breakouts

Finer Market Points
Finer Market Points
1.1 هزار بار بازدید - 2 سال پیش - On the Launch-Pad, fueled up
On the Launch-Pad, fueled up and ready to launch. This week's Top 30 Quarterly Momentum leaders on the ASX as well as the Top 30 Launch-Pad stocks. Gary Glover looks at his favourite charts from the ASX 30 30 List this week. Exploring the charts to understand the best performers today and those poised for a breakout in the next week or two.

Market Leaders make new highs on the ASX as their momentum carries the share prices higher. Understanding the leaders is the first start to identifying the next leaders. Surfacing top trading shares on the ASX by combining two leading scanning and filtering tools. William O'Neil's Relative Strength Index (RS Index) and Mark Minervini's Volatility Contraction Pattern (VCP) are two of the most highly regarded filtering methods to find the market's best trading shares. Applying these scans to the ASX to find a shortlist of trading shares to review.

ASX trading history shows that the strongest rallies have come from the Small-Cap miners, out-performing the larger caps that contribute to the theme help drive the market as the ASX200 reaches new highs. Investors Business Daily publish RS Index data for the US, although this data is harder to come by for the ASX. Finer Market Points looks at the best small-caps to understand their charting patterns, volume, timing, and gains to find Pocket Pivots, Volatility Contraction Patterns, Buyable Gap Ups, and High and Tight Flags along with RS Index and VCP scanning. These are used in conjunction with canslim (CAN SLIM) and Wyckoff's theory.

Shares In Play looks at to see what's behind the strongest gainers on the market's leading themes.

Mark Minervini's Volatility Contraction Pattern (VCP) tutorial here:
https://www.arrowequities.com.au/vola...

Lithium Breakout Stocks on the ASX:
Lithium breakouts | VCPs of 12x ASX m...

High and Tight Flag tutorial using Small-Cap Miners as exampled is here:
Charting Tutorial | the High Tight Fl...

Trading Pocket Pivots from Gil Morales and Chris Kacher's extension of William O'Neil and his CAN SLIM trading methods:
Pocket Pivot Tutorial | Gil Morales C...

Our playlist on technical analysis on US and AU share markets is here:
Gary Glover

Finer Market Points connects leading market themes with the best-performing companies for better trading. Finer Market Points is presented by Christopher Hall with Shares In Play looking at the best performing growth shares and ASX small caps riding the tailwind of the industry themes leading the market higher. The Hot stocks to trade now range from ASX 200 blue chips to small tech stocks and mining stocks with the strongest performances.

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General Advice Warning:
The advice in this newsletter is of a general nature only and has been prepared without taking into account any of the objectives, financial situation or needs of any person. Before making an investment decision on the basis of any advice in this document, you need to consider, with or without the assistance of a financial adviser, whether the advice is appropriate in light of your particular objectives, financial situation, and needs. Presenters may have commercial interests in the investments discussed.

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2 سال پیش در تاریخ 1401/07/20 منتشر شده است.
1,179 بـار بازدید شده
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