NVCR - Double Bottom - 2019-01-08
NVCR Trade Summary
Performance metrics and trade details for NVCR breakout.
- Risk
- 2.2%
- Market Condition
- Choppy
- Entry
- Breakout
- Stop
- LoD
- About
Novocure broke above the mid-peak of a double bottom setup on January 8, 2019, signaling a potential breakout entry. However, if the trade was entered on the breakout and the low of the day was used as a stop (representing a 2.2% risk), the position would have been stopped out shortly after entry.
Intraday Entry
After Breakout
Market Correlation Analysis for NVCR
Top Similar Tickers
Stocks that move in the same direction as NVCR
| Rank | Ticker | Score |
|---|---|---|
| No similar stocks found in the current universe. | ||
Top Inverse Tickers
Stocks that move opposite to NVCR
| Rank | Ticker | Score |
|---|---|---|
| No inverse stocks found in the current universe. | ||
Related breakouts
More to study.
Table of breakouts
| Company | Catalyst | Gain (%) | Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVCR | Double Bottom | Jan. 9, 2019 | Bullish | +45.0% | Detail https://breakoutdb.com/nvcr/nvcr-double-bottom-2019-01-09/ |
(*) This trade is still active; the gain is an estimate based on the current price.