VCP Pattern Formation
Updated
VCP Pattern Formation
✅UPTREND:- Above 200MA
✅Near 52week high
✅Volume Contracting
Another contraction of about 5-8% Expected before the stock again makes new high
(Not a buying or selling recommendations)
✅UPTREND:- Above 200MA
✅Near 52week high
✅Volume Contracting
Another contraction of about 5-8% Expected before the stock again makes new high
(Not a buying or selling recommendations)
Note
Stock is up 80% in 4months
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.