VCP set up1. After 9 months down trend starts from Nov 2020, Kotra are setting up a nice classic VCP since Sept 2021.
2. Today making a nice breakout from VCP set up. Hope price can sustain above 3.18 and challenge 3.44.
3. Price volume from left indicated that no major resistant ahead. Easier to move north.
4. Resistant at 3.44. If successfully break, possible challenge ATH 4.50.
Cautious
1. Sustain above 3.18 will be nice. 3.07 can be 1st cut loss depends on personal risk profile.
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