Get started
MMS VENTURES BHD
Long

MMSV VCP pattern

By everestfox
Updated
MMSV formed a VCP for a period of 24 weeks. Price has been side way for the past 4 months between 0.80 -1.05 . Price was moving around 0.955 after the first break out ( as indicated with red arrow) with some volume coming in. Looking forward price to break down trend line soon .
Note
Price break down trendline but not able to closed above the yellow resistance line.
Note
Price finally stand above 1.05 resistance, this resistance becomes the support.
Note
Failed VCP set up
Chart Patterns
everestfox

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.