FUTU - High Tight Flag - 2020-12-31
FUTU Trade Summary
Performance metrics and trade details for FUTU breakout.
- About
High-Momentum Breakout Trade – Early 2021:
- Initial Move: Stock surged 75% from a Volatility Contraction Pattern (VCP) in early November, completing the move in just three weeks.
- Pullback Formation: After the rally, it pulled back in an orderly manner, forming a downward trending channel.
- Breakout Signal: The stock broke out of the downward channel with high volume on December 31.
- Entry: 1-minute ORH after breaking the downward trendline.
- Exit: Closed below the 10 EMA.
- Gain: 250%+
This was an incredible move during early 2021, fueled by a super-strong market, providing a high-momentum trading opportunity.
Before Breakout Daily
Intraday Entry
After Breakout
Market Correlation Analysis for FUTU
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Top Inverse Tickers
Stocks that move opposite to FUTU
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|---|---|---|
| No inverse stocks found in the current universe. | ||