PENSONI VCP SETUP

Updated
Overall VCP for PENSONI is crispy. The contraction and volume relationship looks promising.

C1: -28%
C2: -8%
C3: -7%
C4: -6%
C5: -5%

Recent September volume enter breakout the previous pivot.

Will it continue to attack higher? Let's see!

Disclaimer:
Not a buy call suggestion, just my sharing on technical analysis and chart pattern based on my trading experience. Trade at your own risk.

Trade closed: stop reached
Stop reached back then on 14 Sep
Chart PatternsTechnical IndicatorsTrend AnalysisVCP

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