Sell under management · double bottom near 62
Circle Internet Group climbs 2.4% off a double bottom, but money flow keeps worsening
Sell under management · double bottom near 62
Our view last week
Week 5 of the sell signal on Circle Internet Group, and the decline has picked up speed: the week closed down 12.2% with sell volume at 80%, against milder declines in the previous 3 weeks. The technical picture is worsening on multiple fronts — MACD, capital flow and momentum all deteriorating — while the position still holds a 19.51% gain since entry.
This week's summary
After last week's 12.2% plunge, Circle Internet Group rebounded 14% off a clean double bottom in the 62 area, closing up a modest 2.4%. But the deterioration flagged last week hasn't stopped: MACD and money flow are now at their most negative readings of the past month, while the ADX keeps falling — the decline is losing conviction, without reversing course. The short, now in its sixth week, still holds a gain of more than 17%.
IQS Phase
78
in tension
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#104 / 137
US stocks
Trade P&L %
+17.61%
from signal to today
restricted Platinum content