adamkhoosk

TGUAN VCP Setup (Weekly Chart)

Long
MYX:TGUAN   THONG GUAN INDUSTRIES BHD
TGUAN use 1 year to setup this huge base VCP. Recent setup come into tight area where the contraction is at 5% risk.

C1: -36%
C2: -14%
C3: -11%
C4: -5%

Monitor if there will be large demand come in and breakout the tight zone.

Disclaimer:
Not a buy call recommendation, sharing based on my personal experience in technical analysis and chart pattern. Trade at your own risk.

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