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-stocβ¦
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
Setup#3:
$VRTV provided 3 different opportunities to participate in its 2021 run.
First setup resulted in 110% advance #TAPLOT_IBD_BestStocks2021
Setup#4:
$VRTV provided 3 different opportunities to participate in its 2021 run.
Second setup resulted in 32% advance before building base on base setup and setting up for another opportunity in late July/early august #TAPLOT_IBD_BestStocks2021
Setup#5:
$VRTV provided 3 different opportunities to participate in its 2021 run.
3rd and final setup resulted in 150% advance toping out in early November. #TAPLOT_IBD_BestStocks2021
Setup#6:
$CAR right out of the gate in 2021, Avis setsup a nice VCP base with pivot forming in Jan right on its upending 50 MA.
133% move post breakout. #TAPLOT_IBD_BestStocks2021
Setup#7:
$CAR then spent 3 months consolidating its previous run up forming a beautiful 3 month cup w/ handle. Early September breakout attempt could have got you stopped out but the stock resets and broke out shotting up 465%! #TAPLOT_IBD_BestStocks2021
Setup#8:
$PRTA would have potentially stopped you out twice while building its base before it setup a pullback buy opportunity that sent the stock into a 186% rally. #TAPLOT_IBD_BestStocks2021
Setup#9:
$AMEH Setups up a nice tight box with OBV making multiple New Highs Before Price (NHBP) pointing to strong demand while base building.
Stocks breaks out and rallies over 300% with potential add on setup in June. #TAPLOT_IBD_BestStocks2021
Setup#10:
$ZIM provided 3 potential entries early on in 2021 with the last one being a failed breakout attempt.
That sets the stage for a larger 3 months base that broke out in August with a 42% gain. #TAPLOT_IBD_BestStocks2021
Setup#11:
$UPST setups up in May and broke out with a 55% run. It then pullback to BO level building a larger base around its 50 MA breaking out in August.
Stock goes on a big 155% run post earnings. #TAPLOT_IBD_BestStocks2021
Setup#12:
with a 155% run in less than 8 weeks, $UPST sets up a Power Play with a classic 2 tight daily candles and volume dry up.
Stock rallies close to 25% before topping out for the year. #TAPLOT_IBD_BestStocks2021
Setup#13:
$CPE Feb 2021 setup and then another 3 month rectangle setup with failed breakout attempt and rest. #TAPLOT_IBD_BestStocks2021
Setup#15:
Another $IDT Cup with handle base in Nov 2021 offering an early low handle pivot and an add-on at traditional handle pivot. #TAPLOT_IBD_BestStocks2021
Setup#17:
$BNTX puts in a beautiful 4 month base that ends with a trendline break (red dotted line) and 4 days pivot with a breakout above that level confirming the start of the next uptrend. 291% run post breakout. #TAPLOT_IBD_BestStocks2021
Setup#18:
$UNFI Power Play / High Tight Flag in early 2021 resulting in 40% gain in less than 2 weeks. #TAPLOT_IBD_BestStocks2021
Setup#19:
$LPI base with nice VCP characteristics with 125% breakout run in less than 2 months. #TAPLOT_IBD_BestStocks2021
(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 π§΅will provide links to all 4 PDFs that includes 10s of chart setups to #study
Please share π
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)
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)