everestfox

MMSV VCP pattern

Long
MYX:MMSV   MMS VENTURES BHD
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1
MMSV formed a VCP for a period of 24 weeks. Price has been side way for the past 4 months between 0.80 -1. 05 . Price was moving around 0.955 after the first break out ( as indicated with red arrow) with some volume coming in. Looking forward price to break down trend line soon .
Comment: Price break down trendline but not able to closed above the yellow resistance line.
Comment: Price finally stand above 1.05 resistance, this resistance becomes the support.
Comment: Failed VCP set up