The short base VCP formed during Oct 2021 were not solid enough due to lack of time compression.
It experienced correction and recently have nice price/volume interaction with 3 contraction below:
C1: -15%
C2: -6%
C3: -6%
Let's monitor if this week will formed another C4 above MA50 or not.
Disclaimer:
Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis . Trade at your own risk.
It experienced correction and recently have nice price/volume interaction with 3 contraction below:
C1: -15%
C2: -6%
C3: -6%
Let's monitor if this week will formed another C4 above MA50 or not.
Disclaimer:
Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis . Trade at your own risk.
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