adamkhoosk

RESINTECH VCP AGAIN

Long
MYX:RESINTC   RESINTECH BHD
I traded RESINTC back then in Oct 2021 and got profit around 25%. (Previous idea in the ink below)

RESINTC experience major profit taking from 12 Nov till 6 Dec. This form the C1.

Price and Volume return back strong on 21 Dec 2021 - this caught my attention After that price undergo natural reaction with volume contraction. (C2)

Price and volume surge again on 27 Dec. Then another round of natural reaction. (C3)

Price and volume surge again on 3 Jan 2022. Let's see if this round breakout strong or not!

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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