Overall VCP for PENSONI is crispy. The contraction and volume relationship looks promising. C1: -28% C2: -8% C3: -7% C4: -6% C5: -5% Recent September volume enter breakout the previous pivot. Will it continue to attack higher? Let's see! Disclaimer: Not a buy call suggestion, just my sharing on technical analysis and chart pattern based on my trading...
SKPRES developing VCP with below contraction: C1: -36% C2: -12% C3: -7% C4: -7% C5: <5% Awaiting breakout with volume. Disclaimer: Not a buy call recommendation, technical analysis sharing based on chart pattern. Trade at your own risk.
INARI observed to develop VCP (>180 days) with below contraction: C1: -20% C2: -6% C3: -6% C4: -4% Low risk entry zone. Big block at 3.56/3.57. Awaiting big volume come in and break it! 2nd half go go go? New apple product launch next week can help to boost INARI share price? Disclaimer: Technical analysis sharing on chart pattern. Not a buy call...
VCP setup seen with below contraction: C1: -21% C2: -6% C3: -4% Pivot point formed and the risk is not high! Awaiting breakout of the pivot! Disclaimer: Trade at your own risk. Not a buy call, sharing based on technical analysis with pattern and indicators.
I shared AMAT previously at beginning of Aug (link below) and unfortunately the previous movement is not strong and the chart develop another contraction C3. The overall contraction for AMAT as shown below: C1: -21% C2: -12% C3: -12% C4: -4% C5: -3% Pivot point observed above the trendline. Awaiting volume and breakout! Disclaimer: Trade at your own risk. Not a...
PIE experiencing VCP setup as well similar to it's competitor (VS, SKPRES). Can refer to link below for the other 2 counters' pattern setup. For PIE, obvious higher low formed with below contraction: C1: -32% C2: -12% C3: -6% C4: -11% C5: -8% Awaiting rebound from C5 and breakout to confirm entry point. BTW, SKPRESS seem breakout first yesterday on 15 Sep...
DARLING has developed VCP in 189 days. C1: -22% C2: -12% C3: -10% See if it can breakout soon! Or it will experience another round of contraction that below 10%. Disclaimer: Trade at your own risk.
Avis Budget Group observed to develop VCP setup with below contraction. C1: -27% C2: -16% C3: -9% Awaiting a breakout with volume! Disclaimer: Trade at your own risk.
Maybulk developed VCP in ~120 days with below contraction: C1: -30% C2: -16% C3: -9% C4: -4% C5: <-4% 3 Sep & 9 Sep both day showing breakout! Disclaimer: Not a buy call suggestion. Just a sharing on technical analysis through chart pattern for education purpose. Trade at your own risk.
Follow up on WCT VCP development. Back then in July the breakout is not successful and it develop contraction up to 13% (C3). I believe C4 will form before it fully take off. Let's monitor together. C1: -24% C2: -13% C3: -13% C4: Waiting... Disclaimer: Not a buy call, just chart pattern and technical analysis sharing. Trade at your own risk.
HIAPTEK has developed a nice VCP with below contraction: C1: -34% C2: -20% C3: -8% C4: -9% C5: -4% Breakout on 30 Aug 2021. And price still stand strong with volume contraction. Next week go go go? Disclaimer: Not a buy call, just sharing on technical analysis with chart pattern. Trade at your own risk.
FRONTKN VCP with below contraction: C1: -30% C2: -11% C3: -10% C4: <-5% Monitor if can a pivot point form at this region or not. Low risk entry zone. Fundamental wise Net cash company. Disclaimer: Not a buy call, just sharing on chart pattern and technical analysis. Trade at your own list.
CIMB is the strongest among all the bank stock in this 2 month rally.
TASCO is another counter in my radar that forming VCP setup in weekly chart. MPAY shared yesterday has gained 9.8% and breakout today. (Can refer to the link below) C1: -42% C2: -24% C3: -18% C4: -7% Daily chart has signal triggered today! Disclaimer: Not a buy call, just sharing on technical chart for education purpose. Trade at your own risk.
IJM is developing VCP with below contraction: C1: -17% C2: -13% C3: -6% C4: -4% The path is my prediction on the price movement. Let's see if it can stand firm on the moving average trendline or not. There are movement is construction related stock. SUNWAY and WCT development also pretty nice. Disclaimer: This sharing is just for chart pattern and technical...
First article featuring MPAY on 12 July. Fake breakout that day and further correction ~15% (formed C3). VCP continue to developed at C4 now. Continue monitor and waiting for signal to go in. Overall setup now: C1: -35% C2: -16% C3: -14% C4: -8% Let's see if this round will breakout all the way or not. Disclaimer: Not a buy call, just sharing technical...
REVENUE developing VCP since April. C1: -27% C2: -13% C3: -3% I believe C3 still need develop for awhile before it fully attack. Lately e-payment/wallet sector seems brewing. GHL and MPAY also developing VCP pattern. I do shared MPAY VCP in one of my previous post. Let's see how this sector go. Disclaimer: Not a buy call, just technical chart analysis...
DNEX start develop the VCP at March. 6 Aug breakout the C3 contraction with volume. C1: -35% C2: -26% C3: -10% I believe will have one more contraction before fully take off. Let's see. Disclaimer: Not a buy call, just sharing on chart pattern analysis. Trade at your own risk.