NVCR - Double Bottom - 2019-01-09

NVCR Trade Summary

Performance metrics and trade details for NVCR breakout.

Stage
Catalyst
Risk
0.8%
Gain %
45.0%
Trade Duration
0 days
Market Condition
Bullish
Market Cap
$NoneB
Shares Float
NoneM
Entry
Breakout
Stop
LoD
Exit
Before ER
About

After a failed breakout on January 8, 2019, Novocure gapped up the next day, reclaimed the prior day's high, and continued higher without looking back. The setup occurred in a bullish market and offered a low-risk entry with 0.8% risk.

Along the way, the stock formed several high-tight consolidation areas, providing additional add-on opportunities. The move resulted in a 45.0% gain.

After Breakout

NVCR - Double Bottom - 2019-01-09 after breakout

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