PPHB VCP Setup
Updated
PPHB VCP setup since Sep 2022 with below contraction:
C1: -20%
C2: -5%
C3: -7%
Volume seen to enter in 3 phases (Sep, Begin of Nov and End of Nov). Something definitely brewing. MASTER already fly high. Will PPHB follow next? Breakout on 29th Nov and pull back to re-test the previous resistance as support.
My previous VCP setup sharing was SFPTECH. Can refer to the link below.
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.
C1: -20%
C2: -5%
C3: -7%
Volume seen to enter in 3 phases (Sep, Begin of Nov and End of Nov). Something definitely brewing. MASTER already fly high. Will PPHB follow next? Breakout on 29th Nov and pull back to re-test the previous resistance as support.
My previous VCP setup sharing was SFPTECH. Can refer to the link below.
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
Breakout with volume kick in. Gaining 9%.Trade active
Profit cushion ~12%. Waiting to take profit for half position.Trade active
Top up partial position at 0.700.Trade active
Pull back, natural reaction, re-test support.Trade active
Sold half this morning secure partial profit. CNY Angpau from PPHB!Another half see if able to get better profit after upcoming QR in Feb.
Trade active
QR will release soon. Estimate 24 or 27 Feb based on historical data. So far left half position at 20% profit cushion.Trade closed: target reached
Superb QR released. Target reached. Last position sold at 28% profit.
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