#MAVI VCP (Volatility Contraction Pattern)

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#MAVI VCP (Volatility Contraction Pattern)Mavi Giyim Sanayi ve Ticaret A.S.BIST:MAVIPixelindreamOn the weekly chart, MAVI looks like it’s developing a Minervini-style Volatility Contraction Pattern (VCP) beneath a clearly defined overhead supply zone (~45.5–47.2TL). After the prior decline and base-repair phase, price has been coiling under resistance with a series of higher lows and progressively tighter pullbacks (each retracement appears smaller/shorter than the previous one). That “tightening” action suggests selling pressure is drying up and the market is absorbing supply near the top of the base. Key level (pivot): A decisive breakout and weekly close above ~47TL—ideally with stronger-than-average volume—would be the confirmation trigger. Risk management: Until that breakout happens, it’s still a setup, with invalidation typically defined below the low of the most recent contraction (~39–40TL area). Not financial advice — purely technical chart structure.