TradingView
everestfox
Jul 28, 2021 9:23 AM

MMSV VCP pattern  Long

MMS VENTURES BHDMYX

Description

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
More