FUTU - High Tight Flag - 2020-12-31
FUTU Trade Summary
Performance metrics and trade details for FUTU breakout.
- Stage
- Catalyst
- Risk
- None%
- Gain %
- None%
- Trade Duration
- 0 days
- Market Condition
- Market Cap
- $NoneB
- Shares Float
- NoneM
- Entry
- Stop
- Exit
- About
High-Momentum Breakout Trade – Early 2021:
- Initial Move: Stock surged 75% from a Volatility Contraction Pattern (VCP) in early November, completing the move in just three weeks.
- Pullback Formation: After the rally, it pulled back in an orderly manner, forming a downward trending channel.
- Breakout Signal: The stock broke out of the downward channel with high volume on December 31.
- Entry: 1-minute ORH after breaking the downward trendline.
- Exit: Closed below the 10 EMA.
- Gain: 250%+
This was an incredible move during early 2021, fueled by a super-strong market, providing a high-momentum trading opportunity.
Before Breakout Daily
Intraday Entry
After Breakout
