GOLDIAM INTERNATIONAL LTDZaktualizowano

VCP Setup with Strong Earnings – Shortter Swing Upside Potential

Stock: Goldiam International Ltd. (GOLDIAM)

Analysis:
Goldiam International previously had a breakout with volume, and it’s now forming a Volatility Contraction Pattern (VCP) — a bullish setup suggesting potential continuation of the uptrend. Today, the company released its quarterly results showing impressive growth, with Profit After Tax nearly doubling, which supports a bullish outlook. This mix of technical and fundamental strength makes Goldiam attractive for a short-term swing trade.

Technical Setup:

Pattern: Volatility Contraction Pattern (VCP)
Volume: Previous breakout with volume; potential continuation
Catalyst: Positive quarterly results with strong earnings growth
Trade Plan:

Entry: On breakout above recent resistance, ideally with volume
Target: Short-term swing based on previous high or measured move from the breakout
Stop Loss: Below current support level within VCP pattern
Note: Strong earnings may add momentum, making this setup ideal for a short-term swing trade to capture the potential upside.
Zlecenie aktywne
Now is the best time to take entry
Uwaga
Superb profits , keep traling profits
Transakcja zamknięta: osiągnięto wyznaczony cel
Excellent profits. exit or keep trailing as per you appetite

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