LEONG HUP INT: Nearing end of accumulation, pending breakout
VCP pattern with reduced volatility over the past 8 months. Possible breakout to the upside as trading price narrows towards the pennant tip
Note
Breakout on 2nd June with backtest of new support on 3 and 4 June. Expect it to head higher soon with next resistance at 0.85 and 0.96
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.