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adamkhoosk
Sep 2, 2022 8:26 AM

PTRANS awaiting breakout Long

PERAK TRANSIT BERHADMYX

Description

PTRANS i first traded during 27 Jun when the price breakout from VCP with contraction below:

C1: -9%
C2: -7%
C3: -3%

On 15 Jul, huge candle price range with volume trigger me to execute sell out. Got >12% reward through this trade.

I still keep monitoring the price/volume interaction after sell out. Recent volume development is good.

25,26,29 Aug indicate 3 white soldier candle. Awaiting a solid candle breakout!

Disclaimer:
Not a buy call recommendation. Just my personal technical analysis based on chart pattern. Trade at your own risk.
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