Previous I feature KGB back in 24 July.
After the price surge about 57%, supply occur and it take one month to re-setup a small base VCP to digest out the supply. (indicate in grey pin in the chart)
During the re-setup, higher low appear with 3 contraction below:
C1: -12%
C2: -6%
C3: -3%
Last contraction C3 appear to have shrink volume.
Demand re-enter on 22 Oct breakout C3 stand back above MA20. Will the game continue? Let's monitor next week.
Disclamer:
Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis. Trade at your own risk.
After the price surge about 57%, supply occur and it take one month to re-setup a small base VCP to digest out the supply. (indicate in grey pin in the chart)
During the re-setup, higher low appear with 3 contraction below:
C1: -12%
C2: -6%
C3: -3%
Last contraction C3 appear to have shrink volume.
Demand re-enter on 22 Oct breakout C3 stand back above MA20. Will the game continue? Let's monitor next week.
Disclamer:
Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis. Trade at your own risk.
Ý tưởng liên quan
IREKA VCP SETUP
adamkhoosk
about IREKA
3A VCP Setup
adamkhoosk
about 3A
KGB VCP SETUP!!
adamkhoosk
about KGB