BRCC - High Tight Flag - 2022-03-23
BRCC Trade Summary
Performance metrics and trade details for BRCC breakout.
- Stage
- Catalyst
- Risk
- None%
- Gain %
- 72.0%
- Trade Duration
- 0 days
- Market Condition
- Bearish
- Market Cap
- $NoneB
- Shares Float
- NoneM
- 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
After Breakout
