BJFOOD VCP SETUP

Updated
BJFOOD setting up VCP with below contraction:

C1: -29%
C2: -14%
C3: -7%

Chart further stand solid after the split. Volume look decent lately on 15th and 19 Sep. Let's see if able to breakout the C2, C3 and C1 as well.

Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
Trade closed: stop reached
Triggered stop limit on 23rd Sep.
Note
Watchlist again as the chart setup back above MA50
Note
Currently at C4. Close monitoring.
Note
Testing C2, C3 top as support. Closely monitor.
Chart PatternsTechnical IndicatorsTrend AnalysisVCP

Also on:

Related publications

Disclaimer