NVCR - Double Bottom - 2019-01-08
NVCR Trade Summary
Performance metrics and trade details for NVCR breakout.
- Risk
- 2.2%
- Market Condition
- Choppy
- Entry
- Breakout
- Stop
- LoD
- About
Novocure broke above the mid-peak of a double bottom setup on January 8, 2019, signaling a potential breakout entry. However, if the trade was entered on the breakout and the low of the day was used as a stop (representing a 2.2% risk), the position would have been stopped out shortly after entry.
Intraday Entry
After Breakout
Top Similar Stocks for NVCR
| Rank | Ticker | Score |
|---|---|---|
| 1 | ARKG |
56%
|
| 2 | IBB |
52%
|
| 3 | VTWO |
51%
|
| 4 | XBI |
51%
|
| 5 | TNA |
51%
|
| 6 | LABU |
51%
|
| 7 | URTY |
51%
|
| 8 | IWM |
51%
|
| 9 | IJR |
50%
|
| 10 | SPSM |
50%
|
Related breakouts
More to study.
Table of breakouts
| Company | Catalyst | Successful? | Gain/Loss (%) | Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | NVCR | Double Bottom | Jan. 9, 2019 | Bullish |
✅
|
+45.0% | Detail https://breakoutdb.com/nvcr/nvcr-double-bottom-2019-01-09/ |
(*) This trade is still active; the gain is an estimate based on the current price.