$P Is Standing Out Again
$Everpure(P)$ is the one stock that really stands out to me again.
The setup alongside the $Invesco QQQ(QQQ)$ wedge breakout on September 17 was clean:
📈 Wedge breakout
📈 Reclaimed all major moving averages
📉 ATR% extension from the 50-MA compressed from 10x → 2.6x in roughly a month
That compression was the key.
After getting massively extended, $P spent a month cooling off and resetting the structure before moving again on September 17.
Then the breakout arrived.
Me:
“Dear God of Trading, it’s me again…” 😂🙏
Sometimes the market gives you the exact setup you’ve been waiting for.
$P is one I’m paying very close attention to. 👀
Markets are always moving - and sometimes, the best move is knowing what works for you.
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