Cybersecurity: a patch, a warning and a rally
Cybersecurity stocks wrapped up the week in style. CROWDSTRIKE HOLDINGS INC - A ($CRWD | ▲8.25%) gained more than 8%, ZSCALER INC ($ZS | ▲7.31%) and PALO ALTO NETWORKS INC ($PANW | ▲7.22%) both rose more than 7%, and the GLOBAL X CYBERSECURITY ETF ($BUG | ▲4.98%) closed almost 5% higher.
BIG news for Minervini-style VCP traders!
Two charts. Zero minutes of searching.
After yesterday's close, ChartMill flagged SiriusPoint ($SPNT) and PRA Group ($PRAA). Both are in a confirmed uptrend, both have been tightening into a Volatility Contraction Pattern for weeks, and both are still trading just below their VCP high. I didn't scroll through a single chart to find them. The screen did that for me.
That's our new VCP screen, and you won't find it anywhere else.
We built the pattern detection in-house: ChartMill now recognizes the VCP itself on daily and weekly charts, measures every contraction, and combines it with Mark Minervini's Trend Template in one screen. Trend, contractions, tightness, distance to the pivot. All checked before you open a chart.
Link to this screen in first comment!
@ChartsJavi - @TraderAmogh - @PatrickWalker56 - @traderCharlieM - @Venu_7_
VCP Trading Idea available in ChartMill:
chartmill.com/trading-ideas/…
a little sneak preview: VCP recognition in ChartMill.
Take a look at the Volatility Contraction Pattern in $RPD for today before the open...
The Philadelphia Semiconductor Index ($SOXX) fell for an eighth straight session, its longest losing run since 2006, as neoclouds, cybersecurity and Big Tech slid.
$ULTA - Is that a VCP or is it a VCP...?
Some patterns never change...
#MINERVINI - 'Trade Like a Stock Market Wizard' - page 198 😁
APPLIED MATERIALS INC ( $AMAT | ▼6.69%) was among the biggest losers on Wall Street. At a chip industry conference, investors hoped CEO Gary Dickerson would put a number on equipment demand for the coming quarters.
He didn't. He said demand for computing capacity would keep growing very strongly, and the company announced a $5 billion facility designed to speed up the development of AI chips.
Why You Should Always Consider Market Breadth First Before Assuming A Recovery...
chartmill.substack.com/p/why…
🤖 Made with AI
Market Breadth Trend Assessment
Current Rating: 5 - Neutral with Positive Bias
Friday's session strengthens the case for a more constructive market outlook. $SPY and $QQQ remain close to their all-time highs, supported by positive short- and long-term technical trends.
Meanwhile, $IWM is showing signs of stabilization, with a potential double-bottom formation supported by elevated trading volume.
Full article in first comment 👇
Hyperscalers took a hit yesterday following OpenAI's disappointing revenue figures...
But the difference between companies with (too) much debt and companies with a lot of cash on their balance sheets is telling!
$META $GOOGL $MSFT $CRWV $IREN
@QCompounding @Quality_stocksA
Webull caught in the US-China crossfire
The sharpest drop of the day came from WEBULL CORP ($BULL | ▼19.09%), which lost 19% after a congressional committee report claimed the broker's ties to China pose a risk.
SpaceX wants $40 billion to buy chips
That higher rates make the AI race more expensive became very concrete with SPACE EXPLORATION TECHN-CL A ($SPCX | ▼2.51%).

















