EFCI VCP pattern
it has formed a VCP pattern on daily chart.
bottom wicks in the recent candles, indicating denial to go down. there is good amount of buying interest from buyers.
today it is forming hammer. follow through can lead to rally.
bottom wicks in the recent candles, indicating denial to go down. there is good amount of buying interest from buyers.
today it is forming hammer. follow through can lead to rally.
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