MOREPEN LAB. LTDLong
Morepen Labs VCP Studies
Sharing VCP analysis of Morepen MOREPENLAB
Currently in Advancing Stage
VCP Studies:
*Nice Textbook VCP pattern with 5 Contractions
Move started with a failed breakout, from Ctn4. This was followed by a shakeout.
Finally after 4 weeks of testing patience, Morepen broke out.
Basing Stage:
*VCP Formed = 291 days, until successful breakout
MOREPENLABCurrently in Advancing Stage
- In Less than 4 Weeks (26 sessions)
Net Gain after Breakout = 106%
Flag Pole was 80% High
Consolidation was 291 sessions
VCP Studies:
*Nice Textbook VCP pattern with 5 Contractions
Move started with a failed breakout, from Ctn4. This was followed by a shakeout.
Finally after 4 weeks of testing patience, Morepen broke out.
Basing Stage:
*VCP Formed = 291 days, until successful breakout
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