adamkhoosk

BJFOOD VCP SETUP

Long
adamkhoosk Updated   
MYX:BJFOOD   BERJAYA FOOD BERHAD
BJFOOD setting up VCP with below contraction:

C1: -29%
C2: -14%
C3: -7%

Chart further stand solid after the split. Volume look decent lately on 15th and 19 Sep. Let's see if able to breakout the C2, C3 and C1 as well.

Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
Trade closed: stop reached:
Triggered stop limit on 23rd Sep.
Comment:
Watchlist again as the chart setup back above MA50
Comment:
Currently at C4. Close monitoring.
Comment:
Testing C2, C3 top as support. Closely monitor.

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