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jonshlim

Ajiya with VCP Pattern to BO

AJIYA BHD (MYX:AJIYA)  
jonshlim Updated   
MYX:AJIYA   AJIYA BHD
Cup And Handle Technical Indicators AJIYA bursamalaysia bursasaham malaysia
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cupandhandle indicator ajiya bursamalaysia bursasaham malaysia
VCP pattern formed over 3 months period with decreasing volume with 1st, 2nd, 3rd contractions: 20.54%, 9.37%, 5.03%. Confirmed BO if it manages to close above 590.

Supports at 560, 540 and resistances at 590, 605, 635.

Note: This is a low volume counter.

Disclaimer: Trade at your own risk.
Comment:
Ajiya BO today.
Comment:
Failed to break 635. Will pull back as shooting star formed.
Comment:
Finally BO.
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