Mike’s Feedback on TTG Triangle Analysis from TTG AI on 10/14/2024
1. Overall Approval
Mike confirmed that the analysis and choice of CMPO as the strongest TTG Triangle setup was correct.
2. CMPO Analysis
- CMPO showed a clear TTG Triangle pattern earlier in the morning.
- It’s a low volume stock with very low volatility.
- Despite low volume, it was the best choice among the four stocks presented.
- CMPO performed the best, going up as expected.
3. Other Stocks
- JD and WFC were no longer TTG Triangle setups at the time of discussion.
- WFC and JD apparently failed their setups.
4. Technical Analysis
Mike expressed uncertainty about the origin of the “technical patterns” section, particularly mentions of ascending triangles and head and shoulders patterns.
5. Trading Perspective
While CMPO was the correct choice for a TTG Triangle, Mike noted it’s not a stock traders would have actually traded that day due to its low volume and volatility.
Conclusion: Mike’s feedback validates the AI’s analysis and selection of CMPO as the strongest TTG Triangle setup among the given options, while also highlighting practical considerations for actual trading scenarios.