Performance metrics and trade details for NVCR breakout.
After a failed breakout on January 8, 2019, Novocure gapped up the next day, reclaimed the prior day's high, and continued higher without looking back. The setup occurred in a bullish market and offered a low-risk entry with 0.8% risk.
Along the way, the stock formed several high-tight consolidation areas, providing additional add-on opportunities. The move resulted in a 45.0% gain.
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