Thong Guan Industries Bhd.
Long

TGUAN VCP Setup (Weekly Chart)

304
TGUAN use 1 year to setup this huge base VCP. Recent setup come into tight area where the contraction is at 5% risk.

C1: -36%
C2: -14%
C3: -11%
C4: -5%

Monitor if there will be large demand come in and breakout the tight zone.

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

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.