ActiveSetups
August 2023
www.mastertradingflow.com
Total number of
setups
Breakouts (+8%)
Sideways (+/- 8%)
Breakdowns (-8%)
76
13
21
42
Setups associated
with earnings
Breakouts after earnings
Sideways
Breakdowns after
earnings
17 (22%)
2
1
14
Setups identified in August
83%
Reviewed timeframe: July 25 – August 25 (setups that had an outcome after August 25th will be reviewed in September).
Filter: ADR >3; Price >$1; $ Volume > 1,5 Million, Volume (shares) 21 days >100k;
9,22
7,57
8,74
99,34
2,62
17,82
11,20
6,27
61,28
1,07
16,06
79,44
23,09
10,21
8,25
3,55
13,92
9,38
6,47
25/Jul 26/Jul 27/Jul 28/Jul 29/Jul 30/Jul 31/Jul 01/Aug 02/Aug 03/Aug 04/Aug 05/Aug 06/Aug 07/Aug 08/Aug 09/Aug 10/Aug 11/Aug 12/Aug 13/Aug 14/Aug 15/Aug 16/Aug 17/Aug 18/Aug 19/Aug 20/Aug 21/Aug 22/Aug 23/Aug 24/Aug 25/Aug 26/Aug 27/Aug
-5,45
-6,44
-7,59
-21,47
-27,70
-9,94 -25,51 -5,64
-10,90 -29,55 -11,12
-12,58 -38,19 -13,09
-12,81
-15,79
-13,86
-42,07
-14,09
-16,31
-17,93
-20,24
-22,49
-25,21
-26,30
-28,72
-28,94
-30,98
-11,41
-11,47
-18,90
-19,32
-7,02 -13,23 -8,93
-11,51
-13,31
-16,46
-10,44 -6,69 -7,13
-11,12 -6,79 -7,59
-12,06 -9,05 -8,74
-24,05 -12,08
-4,61
-12,10
-7,50
-5,09 -4,59
-5,96
-12,12
-4,10
The following items are highlighted on the
chart: % first leg, key support (orange), key
resistance (purple). Date of the outcomehighlighted by the dotted line. The +WL
shows the the day when the ticker was added
to the watchlist. If +WL is not present, that
means the setup was not noticed. Moving
average: 10MA, 20MA, 50MA, 100MA. ADR
number top left. Market Cap bottom left.
Clear example of how negative the earnings
can be even within the setup. A total of 17
setups impacted by earnings, make sure to
review this element in detail.
Good example of EP based momentum.
The stock goes in a sideway consolidation
(a bit choppy in this case), breakouts from
the range and continue further based on
catalyst energy but also possibly due to
overall market (see right chart -SPY in
uptrend after breakout)
The setup was considered a breakdown,
later we see momentum due to an EP.
ActiveSetups that were not added to the watchlist.
FSLY is not a classic Qullamaggie
setup, but more a variation.
Ticker in uptrend, momentum in
the first leg and a range with
support at the 20 days MA. As
soon as it went out of the range,
plus favorable trend on SPY it did
a nice move up.
| Best of luck!
www.mastertradingflow.com