RE: US Stocks - Watchlist and Discussion (Premium)
ZEN - Stage 2 continuation breakout attempt today and I believe this is what Mark Minervini calls a "primary base breakout" in his book with a volatility contraction pattern (VCP) of 10W 30/7 3T, which means it was a 10 week consolidation with the largest swing of 30% and the smallest swing of 7%, with 3 swings before the breakout today. And I've asked Mark a question on stocktwits to confirm that's correct.
Attached is the weekly, daily and 2 hour chart to help show the VCP pattern.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.