Long

COCOLND VCP SETUP

COCOLND VCP setting up with below contraction:

C1: -21%
C2: -7%
C3: -7%
C4: - 3%

Price and volume interaction is rigid indicate strong demand. Pending another volume and price follow through.

Also observe a small cup and handle.(Black line)

Disclaimer:
Not a buy call recommendation. Just my personal technical analysis based on chart pattern and trend. Trade at your own risk.
Chart PatternsTechnical IndicatorsTrend AnalysisVCP

Also on:

Related publications

Disclaimer