DQ - High Tight Flag - 2020-12-15

DQ Trade Summary

Performance metrics and trade details for DQ breakout.

About

DQ Breakout Trade Setup:

  • Initial Surge: Stock rallied 170% before pulling back.
  • Consolidation: Traded sideways for 8 weeks, forming higher lows and tightening up.
  • Entry: Breakout above the upper trendline.
  • Exit: Bearish Engulfing Pattern.
  • Gain: 20% in 7 trading days

This setup capitalized on a strong continuation pattern, leading to a quick profitable trade.

Before Breakout Daily

DQ - High Tight Flag - 2020-12-15 before breakout daily

After Breakout

DQ - High Tight Flag - 2020-12-15 after breakout

Market Correlation Analysis for DQ

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