Would like do predict GUH upcoming movement based on chart pattern analysis. Chart always our best insider. I have done this for several stocks such as CIMB, GREATECH, can see previous idea link in below.
GUH formed C1 where major correction occur due to profit taking/cut loss for those that chase high.
Price/Volume observed coming back on 24 Dec 2021 and this caught my attention and then price experience natural pull back and form C2.
Predict the movement to go for another pull back and form C3.
Then breakout C3 and surge for new high again. Let's see.
Disclaimer:
Not a buy call recommendation. Just technical analysis sharing based on my personal experience in chart pattern study. Trade at your own risk.
GUH formed C1 where major correction occur due to profit taking/cut loss for those that chase high.
Price/Volume observed coming back on 24 Dec 2021 and this caught my attention and then price experience natural pull back and form C2.
Predict the movement to go for another pull back and form C3.
Then breakout C3 and surge for new high again. Let's see.
Disclaimer:
Not a buy call recommendation. Just technical analysis sharing based on my personal experience in chart pattern study. Trade at your own risk.
