Another short base VCP observed.
C1: 17%
C2: 7%
C3: 5%
Huge volume during the price surge before May and super dry volume during price contraction in May.
Let's see if how the development in June!
Fundamental wise: NTA 5.48!
Similar to MMC where the share price much lower compare to the NTA. Can refer back my previous MMC VCP sharing in the link below.
Disclaimer:
The content provided is my personal experience sharing through technical and fundamental analysis point of view. The content can only be used for education purposes and NOT any recommendation for buying or selling stock. Please ask your remiser/dealer for making decision. Trade at Your Own Risk.