MMSV VCP pattern

28 ביולי 2021

MMSV formed a VCP for a period of 24 weeks. Price has been side way for the past 4 months between 0.80 -1.05 . Price was moving around 0.955 after the first break out ( as indicated with red arrow) with some volume coming in. Looking forward price to break down trend line soon .

29 ביולי 2021

הערה

Price break down trendline but not able to closed above the yellow resistance line.

2 באוג׳ 2021

הערה

Price finally stand above 1.05 resistance, this resistance becomes the support.

18 באוג׳ 2021

הערה

Failed VCP set up