Description
⋅ Typical VCP formation which have 3 contraction below:
C1: ~30%
C2: ~10%
C3: ~3%
The price BO yesterday with volume. Today another spike to 3.70.
Support if set at 3.45, risk is 7%, consider a pretty low risk trade.
News: Apex pharma marketing at Singapore expand the cold room and acquire freezer room for Pharmaceutical, Vaccine and Biologics.
Will this serve as booster to rocket?
Let's see.
Disclaimer: Not a buy call suggestion, just sharing on VCP trading method.