[%oPnY%] - Symmetrical  Triangle + VCP 

Continuation of uptrend after breaking out from its Symmetrical Triangle after a long accumulation phase for 100 days.

Mark Minervin's Volatility Contraction Pattern (VCP Pattern) is another strategy I've been studying about. Where he explains that VCP will often see two to six contractions in a row, with the stock first falling by 25% from its absolute high to its absolute low. The stock then rises for a short time before plummeting 15%. Then buyers return, and the price rises even higher, until finally falling by 8%. Price volatility has been steadily decreasing. This, together with a drop in volume at specific locations, indicates that the base has been completed. For instance, you can see the chart where price has dropping from left to right from -35% to -13% to complete its stages and then it breakouts out creating a new uptrend. 

Even looking at stockbit seasonality for DPIH July, Aug, Oct and Nov is the best month for this stock. 

For the Price Target I'm using Trend-Based Fib Extension and Forecast (High to Low)

$KLSE-DPIH - Symmetrical  Triangle + VCP 

Continuation of uptrend after breaking out from its Symmetrical Triangle after a long accumulation phase for 100 days.

Mark Minervin's Volatility Contraction Pattern (VCP Pattern) is another strategy I've been studying about. Where he explains that VCP will often see two to six contractions in a row, with the stock first falling by 25% from its absolute high to its absolute low. The stock then rises for a short time before plummeting 15%. Then buyers return, and the price rises even higher, until finally falling by 8%. Price volatility has been steadily decreasing. This, together with a drop in volume at specific locations, indicates that the base has been completed. For instance, you can see the chart where price has dropping from left to right from -35% to -13% to complete its stages and then it breakouts out creating a new uptrend. 

Even looking at stockbit seasonality for DPIH July, Aug, Oct and Nov is the best month for this stock. 

For the Price Target I'm using Trend-Based Fib Extension and Forecast (High to Low)