Scanwolf Corp. Bhd.
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SCNWOLF VCP SETUP

290
SCNWOLF developing VCP with below contraction.

C1: -36%
C2: -9%
C3: -5%

During C2 and C3 contraction, volume observed contract as well. The price and volume interaction is good.

Let's see if will pull back another round and form a C4 or it will direct surge up. Prefer to pull back another round for more solid base take off.

Disclaimer:
Not a buy call recommendation. Just technical analysis sharing based on my personal experience in chart pattern study. Trade at your own risk.

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