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PTRANS awaiting breakout
PERAK TRANSIT BERHAD
Long
PTRANS awaiting breakout
By adamkhoosk
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Sep 2, 2022
3
PTRANS i first traded during 27 Jun when the price breakout from VCP with contraction below:
C1: -9%
C2: -7%
C3: -3%
On 15 Jul, huge candle price range with volume trigger me to execute sell out. Got >12% reward through this trade.
I still keep monitoring the price/volume interaction after sell out. Recent volume development is good.
25,26,29 Aug indicate 3 white soldier candle. Awaiting a solid candle breakout!
Disclaimer:
Not a buy call recommendation. Just my personal technical analysis based on chart pattern. Trade at your own risk.
Chart Patterns
Technical Indicators
Trend Analysis
VCP
adamkhoosk
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