CRESCENDO CORPORATION BHD
Panjang
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WILL CRESCENDO CONT ITS MARK UP?

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This is a continuation from previous analysis of Crescendo (Refer Link Below)

As price Tightening Approaching the Creek, Supply seems to shrink.
All these occurs in the background of High /Huge Vol of Supply

PRobably this is An Absorption which is on going
(Hallmark of Absroption)


I am a bit concern with the Bar & its Vol on (Black Arrow) :
1/ 12 jun 24
2/ 28 Jun 24
- So far, demand still not showing interest overcoming these area



In view of that, i let the market to prove me wrong
Position initiated as attached

Pure Wycoff, Anything can happen



Dagangan aktif
added position @ 3.84 today
Dagangan aktif
added position @ 3.98 today
Dagangan ditutup: sasaran tercapai
Sold fully, profit taken @ 4.27 today

Penafian

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