OPENSYS VCP Setup In-progress
Another VCP setup in progress observed in OPENSYS.
C1: 31%
C2: 26%
C3: 10%
C4: 5% (Final contraction)
Right now is in final contraction, awaiting it to break 0.670 with volume.
QR is out, should be safe as QR should improvement in earning.
Need to aware on political status as this week will be the budget 2021 voting.
Market sediment is a bit weak today (24 Nov), seem like support is there at the MA line and another support at 0.60.
Disclaimer: Not buy call, just sharing on VCP Trading Strategy. Trade with own risk.
C1: 31%
C2: 26%
C3: 10%
C4: 5% (Final contraction)
Right now is in final contraction, awaiting it to break 0.670 with volume.
QR is out, should be safe as QR should improvement in earning.
Need to aware on political status as this week will be the budget 2021 voting.
Market sediment is a bit weak today (24 Nov), seem like support is there at the MA line and another support at 0.60.
Disclaimer: Not buy call, just sharing on VCP Trading Strategy. Trade with own risk.
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