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 #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 #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.
(1 of 5) A few of you are asking to retweet the monthly PDF setups i shared a while back (June, July and August 2021).
I also shared Mark Minervini's USIC 2021 in a PDF.
This thread 🧵will provide links to all 4 PDFs that includes 10s of chart setups to #study
Please share 🔁
To find future winners, u need 2 train ur eyes studying past setups.
As such, I will be using this thread to group VCP breakout setups from #IBD 100 Best Stocks of 2021.
Each setup has 2 charts, while setting up & after BO
Full 100 list link for reference: investors.com/news/best-stoc…
Setup#2:
$GME
Few months later, $GME built a base with VCP characteristics, sets up a nice pivot around its 50 MA and broke out higher in another 80% run up. #TAPLOT_IBD_BestStocks2021
I'll be using this thread to group setups from Mark Minervini Trade Like a Stock Market Wizard book
I'll be using ThinkorSwim &/or TradingView depending on where chart data is still available.
Each setup will have 2 charts (before the breakout and few weeks/months after breakout)