Orient Paper
ORIENTPPR has a good almost a text book like VCP in progress. ( who cares if its called by a Cup & handle name or any other ) the bias does seem highly biased to me on the upside.
Stock Shifting from Basing stage and likely to move to advancing stage. The past FIVE weeks price action is suggesting an upward bias. Average volumes are also higher indicating accumulation.
Overhead strong supply zones exist @ 30 to 31.20 above which the stock can have a good run. Remains to be seen how the price action shapes out in the coming weeks
Today's earning report event may well decide whether it will break out this week or tomorrow ?
Stock Shifting from Basing stage and likely to move to advancing stage. The past FIVE weeks price action is suggesting an upward bias. Average volumes are also higher indicating accumulation.
Overhead strong supply zones exist @ 30 to 31.20 above which the stock can have a good run. Remains to be seen how the price action shapes out in the coming weeks
Today's earning report event may well decide whether it will break out this week or tomorrow ?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.