HEXIND VCP Setup

Updated
HEXIND developed VCP with below contraction on the left:

C1: -21%
C2: -14%
C3: -5%
C4: -4%

On the right, price breakout with volume on 2 Sep. Correction occur to test new support on 12, 13, 14 Sep.

After correction, price and volume setup again with 6.5% RISK.

Let's see how it will develop.

Can refer to my previous VCP sharing link below for CFM, GAMUDA...

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 active
Took half position profit today 0.495.. Balance half position see if able to achieve more gain
Trade active
Added position on 0.525.
Trade active
Still holding at 30% paper gain.
Trade active
Sold half position again at 49% gain. Holding another half.
Chart PatternsTechnical IndicatorsTrend AnalysisVCP

Also on:

Related publications

Disclaimer