BRCC - High Tight Flag - 2022-03-23

BRCC Trade Summary

Performance metrics and trade details for BRCC breakout.

Gain %
72.0%
Market Condition
Bearish
Entry
Breakout
Stop
Breakout Level
Exit
Extended
About

In early 2022, BRCC surged 120% in just a few days before consolidating sideways, forming higher lows and tightening up. A Qullamaggie-style breakout provided an initial entry, followed by a tight VCP pattern that quickly set up another opportunity.

However, the stock showed signs of exhaustion, forming an almost climax top. When a Bill O'Neill-style railroad tracks pattern appeared—two consecutive tall bars with stalled price action—it was time to exit. Locking in a 72% profit within three weeks was the right move.

Before Breakout Daily

BRCC - High Tight Flag - 2022-03-23 before breakout daily

After Breakout

BRCC - High Tight Flag - 2022-03-23 after breakout

Market Correlation Analysis for BRCC

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