adamkhoosk

PECCA Weekly Chart VCP

Panjang
MYX:PECCA   PECCA GROUP BERHAD
William O'Neil got a lot of weekly chart example in his book: How to Make Money in Stocks.

PECCA chart is hidden in daily chart. Amazing setup seen in weekly chart. The base of the chart used 770 days to form with below contraction:

C1: -43%
C2: -15%
C3: -6%
C4: -5%

Attempt breakout last week and pull back this week (natural reaction), forming a pivot and this is consider a low risk entry point (<5%)

Let's monitor.

Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.

Penafian

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