adamkhoosk

ATLAS VCP SETUP (TURKISH)

Long
BIST:ATLAS   ATLAS YAT. ORT
I received a private message enquiry whether ATLAS is doing volatility contraction pattern setup or not.

The answer is YES. This setup has developed since Aug 2020 for 192 days with contraction below.

C1: ~37%
C2: ~28%
C3: ~20%
C4: ~10%
C5: ~8%

Final contraction C5 is good! And the entire volume development also looking great.

Need to see if the price can breakout with volume at ~2.03.

Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.

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