AHEALTH, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
AHEALTH trade ideas
AHEALTH VCP Typical VCP formation which have 3 contraction below:
C1: ~30%
C2: ~10%
C3: ~3%
The price BO yesterday with volume. Today another spike to 3.70.
Support if set at 3.45, risk is 7%, consider a pretty low risk trade.
News: Apex pharma marketing at Singapore expand the cold room and acquire freezer room for Pharmaceutical, Vaccine and Biologics.
Will this serve as booster to rocket?
Let's see.
Disclaimer: Not a buy call suggestion, just sharing on VCP trading method.