JFTECH VCP SETUP Follow Up
Previously mentioned JFTECH VCP setup in July. Unfortunately, it decide to go another contraction and seem like we have a tight once again.
The entire VCP setup shown in Weekly chart as below:
C1: -42%
C2: -20%
C3: -12%
C4: -6%
Let's monitor if this round successfully breakout with volume follow through or not.
Disclaimer:
Not a buy call recommendation. Just a my personal opinion in technical analysis through chart pattern and technical indicator. Trade at your own risk.
The entire VCP setup shown in Weekly chart as below:
C1: -42%
C2: -20%
C3: -12%
C4: -6%
Let's monitor if this round successfully breakout with volume follow through or not.
Disclaimer:
Not a buy call recommendation. Just a my personal opinion in technical analysis through chart pattern and technical indicator. Trade at your own risk.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.