adamkhoosk

SFPTECH VCP SETUP

Long
adamkhoosk Updated   
MYX:SFPTECH   SFP TECH HOLDINGS BERHAD
SFPTECH form an obvious VCP with below contraction.

C1: -27%
C2: -13%
C3: -11%

Foresee there will be another C4 contraction below 10%. Be patient and monitor closely.

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 active:
Sold partial on 2nd Dec. 18% gain.
Trade closed: target reached:
Sold another partial on 6th Dec @RM2.15. 30% gain.
Average gain: 24%

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.