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Momentum & Breakout Trader Since 2006┋Influenced by Mark Minervini VCP & William O'Neil CANSLIM┋Clean Charts Focusing on Price & Volume

Nov 13, 2021, 20 tweets

I'll be using this thread to group setups from Mark Minervini Trade & Think Like a Champion book.
TradingView or ThinkorSwim will be used depending on where chart data is still available.
Each setup will have 2 charts (before the breakout and few weeks/months after breakout)

Here we go - Setup #1:
$YELP
Dated: August 2013
#TAPLOT_Minervini_BookSetups

Setup #2:
$GPRE
Dated: Dec 2013
#TAPLOT_Minervini_BookSetups

Here we go - Setup #3:
$BITA
Dated: Sept 2013
#TAPLOT_Minervini_BookSetups

Here we go - Setup #4:
$WAGE
Dated: March 2014
#TAPLOT_Minervini_BookSetups
Example of 3 lower lows after breakout that led to a failed breakout attempt

Setup #5:
$LL
Dated: Dec 2013
#TAPLOT_Minervini_BookSetups
Example of a late stage breakout on low volume, reversing and breaking the 20 and 50 MAs on heavy volume. Major sell signal

Setup #6:
$BDSI
Dated: June 2014
#TAPLOT_Minervini_BookSetups
Example of a squat and 2 day reversal recovery

Setup #7:
$MU
Dated: Nov 2013
#TAPLOT_Minervini_BookSetups
Example of a squat and 2 day reversal recovery

Setup #8:
$MDVN
Dated: Jan 2012
#TAPLOT_Minervini_BookSetups
Example of "trading near the danger zone" buying while the stock is turning up from its 1st natural reaction pullback setup.

Setup #9:
$ISIS
Dated: Dec 2013
#TAPLOT_Minervini_BookSetups
Example of how using Staggered Stops of 4% and 8% would have kept you in a profitable trade with half your position (after getting stopped out of half at 4%)

Setup #10:
$IMGN
Dated: July 2015
#TAPLOT_Minervini_BookSetups
Never let a big winner turn into a loser. Book some gains when you have them. Stock was up over 30% in short period of time before giving it all back and then some.

Setup #11:
$IMGN
Dated: Nov 2014
#TAPLOT_Minervini_BookSetups

Setup #12:
$HUM
Dated: March 1978 !!
#TAPLOT_Minervini_BookSetups

Setup #13:
$JBLU
Dated: Nov 2014
#TAPLOT_Minervini_BookSetups

Setup #14:
$MAXY
Dated: Feb 2000
#TAPLOT_Minervini_BookSetups

Setup #15:
$TWTR
Dated: Dec 2013
#TAPLOT_Minervini_BookSetups

Setup #16:
$PCYC
Dated: Feb 2010
Look at these huge pocket pivot bars. A premium setup!
#TAPLOT_Minervini_BookSetups

Setup #17:
$QCOM
Dated: Sept 1999
Climax run example
#TAPLOT_Minervini_BookSetups

Setup #18:
$TSLA
Dated: Feb 2014
#TAPLOT_Minervini_BookSetups

Setup #19:
$MDVN
Dated: Jan 2012
#TAPLOT_Minervini_BookSetups

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