Long
VTC Ready for breakout?
Nice bull pennant formation on the 4-hour for VTC. Currently consolidating at 53 RSI, long target $7.50
Note
Raising my target to 7.90 good likelihood we will break 8 dollars. Taking a bit longer to consolidate than I had hoped, but breakout still looking imminent.Note
Lowered target back to 7.50 and exited the trade. Decided not to get greedy especially as the market is looking shaky at the moment. 80% profit on this trade. not bad.
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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.