16 June 2021 i published an article on VSTECS VCP Setup and would like to follow up on the development.
The C3 setup further correction from previous 4% (on 16 June) to 11%. Currently the setup is at C4 where observing a 4.5% contraction.
There are two concerns to take note:
1st: Split activity on 2 Aug 2021.
2nd: Quarter report will release on 12 Aug.
Disclaimer:
Not a buy call, just sharing on the technical chart pattern based on my experience. Trade at your own risk.
The C3 setup further correction from previous 4% (on 16 June) to 11%. Currently the setup is at C4 where observing a 4.5% contraction.
There are two concerns to take note:
1st: Split activity on 2 Aug 2021.
2nd: Quarter report will release on 12 Aug.
Disclaimer:
Not a buy call, just sharing on the technical chart pattern based on my experience. Trade at your own risk.