adamkhoosk

MFLOUR VCP DEVELOPMENT

Long
MYX:MFLOUR   MALAYAN FLOUR MILLS BHD
MFLOUR coming to the last contraction of VCP development after 160 days.

C1: ~25%
C2: ~12%
C3: ~14%
C4: ~9%
C5: ~4%

As you can see the volume spike during price spike and volume reduce when price retrace.

Awaiting volume again to attack. And with current supply is so dry, easily will spike up high.

Immediate support: 0.650 (6% risk)

Disclaimer: Sharing chart pattern purpose, not a buy call post. Trade at own risk.
Comment: I have sold all my position in MFLOUR. Good Trade!

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