Wyckoff Accumulation Schematics

With the extensive vaccine roll out in Malaysia, most recovery sector has come into play. SPSETIA as one of the prominent property developer in Malaysia looks like preparing for markup phase based on wyckoff accumulation schematics. The price is currently resting on Last Point of Support (LPS) forming pennant flag formation. Target price has been calculated using point of figure with traditional TP at 1.67 and aggresive TP at 1.88.

This is merely for study purposes, trade at your own risk.