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TGUAN VCP Setup (Weekly Chart)
THONG GUAN INDUSTRIES BHD
Long
TGUAN VCP Setup (Weekly Chart)
By adamkhoosk
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Nov 9, 2021
4
TGUAN use 1 year to setup this huge base VCP. Recent setup come into tight area where the contraction is at 5% risk.
C1: -36%
C2: -14%
C3: -11%
C4: -5%
Monitor if there will be large demand come in and breakout the tight zone.
Disclaimer:
Not a buy call recommendation, sharing based on my personal experience in technical analysis and chart pattern. Trade at your own risk.
Chart Patterns
Technical Indicators
Trend Analysis
VCP
adamkhoosk
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