I first traded 3A last year on 4 Oct after confirm up trend rally, gave me around 15% profit back then.
3A later undergo correction period and have been following since Jan 2022 when the price rise back up MA50. (Previous related ideas in link below)
The current VCP took 3 months to setup with below contraction:
C1: -14%
C2: -9%
C3: -3%
Price breakout with volume follow through on 10, 11 Feb show there is strong demand in market. Good QR coming soon? Let's see.
Disclaimer:
Not a buy call recommendation. Just personal technical analysis based on trend and chart pattern. Trade at your own risk.
3A later undergo correction period and have been following since Jan 2022 when the price rise back up MA50. (Previous related ideas in link below)
The current VCP took 3 months to setup with below contraction:
C1: -14%
C2: -9%
C3: -3%
Price breakout with volume follow through on 10, 11 Feb show there is strong demand in market. Good QR coming soon? Let's see.
Disclaimer:
Not a buy call recommendation. Just personal technical analysis based on trend and chart pattern. Trade at your own risk.
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