Stocks that Broke out (or about to) with Highest Weekly Volumes in the Year:

1. Alhada

#nifty50 2. Share India

11/ IT names that are breaking out or about to: (in no particular order):

Mastek:

Have you seen a just Wao set up?
here.

Can call it an iH&S base Breakout.
see volumes.
Triple B is firing on a weekly base (wow?) https://t.co/2I5hWmL4q5

https://twitter.com/SakatasHomma/status/1680232309881176066

12/ Mphasis:

we have our 1st set of Higher-lows and Higher Highs in what could turn out to be a long series of HH-HLs.

Love it.

1/ IT names that are breaking out or about to: (in no particular order):

Nifty IT:
RS is about to turn +ve.
Still in the Stage-1 base, but looks poised to Breakout.

Once this horizontal resistance is removed, the sloping TL may act as a minor resistance.

NiftyBees? https://t.co/Ul0nb4NS2Vtwitter.com/i/web/status/1…
2/ Tata Elxsi:

After a double bottom base BO, now just breaking out of a small consolidation just below a major GAP resistance.

If this gets taken out, then it's time to Less Goooo?

1/ Stocks that have broken out or starting to break out of their Stage 1 bases:

Zuariind:

The important Pivot is marked, above which momentum is likely to increase. 2/ Mangchefer:

A close above the recent swing high is a confirmation of the continuation of the uptrend.

1. Homma Triple B: Buy Before Breakouts hits for today:

Triple B scans for stocks that are setting up inside the base and ready for a breakout.

BHARATWIRE,
RATEGAIN,
KINGFA,
REPCOHOME, 2.

GOLDTECH,
BECTORFOOD,
PSPPROJECT,
DATAMATICS,
SBCL,

The Biggest Enemy of Traders with Stoploss.

SHAKEOUTS:

HBL: A 78% move in 49 days from a shakeout candle.

But most beginners don't know how to identify Shakeouts correctly

In this 🧵, I will tell you:
What is a shakeout & what is NOT

Can Shakeout have multiple candles?

1/n twitter.com/i/web/status/1… What is a Shakeout (SO)

A down move at the end of a correction, quickly negated by an up move on the same candle or the subsequent candle(s)

So, Yes SO can have multiple candles.

Single candlestick SOs are Bullish PINBARS:
But, Can any bullish pinbar be called a shakeout?

2/n

The greatest trader of our generation:

Mark Minervini.

2 Time USIC champion (1997 & 2021).
A return of 33,554% from 1994 to 1999 (~220% a year).

Mark's secret sauce?
VCP: Volatility contraction pattern.

Here is explain:
What is a VCP? &
How to count the Ts correctly?

1/n twitter.com/i/web/status/1… What is a VCP?

VCP is a characteristic of a constructive base, in which there is a decrease in the price swing from a pivot high to a pivot low (measured in terms of %) inside a base from left to right; before eventually breaking out

Beautiful VCP in Olectra Greentech.

2/n

Hello Market Enthusiasts!

Here is a list of all my threads on Technical Analysis and the Stock Markets.

If you find value, please like, retweet and follow me @SakatasHomma for more.

This one on cyclicality and Stage Analysis.

1/n

https://twitter.com/SakatasHomma/status/1581540450954944513?t=BRMuwPqUNamA2xyMovVD0w&s=19

4. How do you determine your STOPLOSS?

The only thread you need to read.

https://twitter.com/SakatasHomma/status/1555483722996035584?t=oFvuSweFwywnuY0lCYdd4Q&s=19

Next up.

The Perfect Speculator.

By Brad Koteshwar Who is a Speculator?

Cyclicality and Stage analysis: 🧵🧵🧵

📈 Every stock goes through a cycle of 4 stages.
📈 Own the stock in Stage2
📈 Do NOT own it in Stage 4

We use the following to determine the stage:
1. Trend analysis: HH-HL or LH-LL
2. 30-week moving average slope, and
3. Volumes

1/n 📈Stage1:
Price Sideways between 2 levels
30 WMA Flat
Price whipsaws 30 WMs
Volumes increasing to the right side of base with increase in green towers

📈Stage2:
Uptrend HH-HL (higher high and higher low)
Price above 30WMA
30 WMA sloping up
Volume Green towers> Red towers

3/n

A thread on Trading Chart pattern set-ups with annotated charts examples.

#Trading #swingtrading 1. The Double Bottom:

A trend reversal pattern.
Two lows of similar levels are formed.

ENTRY:
BO of the Neckline shows trend reversal by forming a Higher swing high which is also the entry point.

SL: LOD or swing low at a lower TF

TARGET:
Height of the NL to B1
Eg: #GRANULES