What do you use for your technical analysis?
从表中可见，随着收缩次数增加，振幅逐渐减小，同时成交量也开始枯竭。VCP的理想状态是在2到3次甚至4次收缩之后，这些不坚定的持仓者基本被清洗干净。这时，——而Minervini的入场点，正是在股价放量突破这个关键阻力位的那一刻。 What do you use for your technical analysis
Phase 5 — Execution: From Theory to Gains Nine months in, the method began to show. One trade—an industrial software company—formed a textbook flat base, with accelerating earnings and expanding margins. Ethan bought at the breakout with a modest position. As it climbed, he added in measured steps, using stop adjustments to protect gains. The stock tripled within a year. He still had losers, but the winners more than covered them. His portfolio’s compounded monthly returns started beating the broad market. Ethan bought at the breakout with a modest position
A new product, management change, or industry deregulation. He still had losers, but the winners more than covered them
When all these conditions align, the stock has found its "line of least resistance" and is ready for a high-volume breakout.
: Seeking a "story" behind the move, such as a new product, management change, or industry tailwind.
The stock moves sideways with low volume. There is no institutional interest, and money left here sits idle. Stage 2: The Advancing Phase (The Sweet Spot)