I secured my last position today on a long base VCP setup. This setup took a year plus to develop until it finally came to this tight VCP action.
I got my position on 23rd June 2022. I bought back the stock after it gets tighter on the right side coming from a classic VCP setup, a long base setup.
This is a textbook VCP setup. The stock has a very tight right side area after a year of development. It also has a high RS Line and a huge volume on the breakout.
LINK anticipate to breakout the resist trendline within few days
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
Chart pattern only. DYOR on entry point. BOW or BOB.