VVPR Cup and Handle DevelopingVVPR appears to be developing a cup and handle dating back to October. We are missing the handle, though. This may be a brief pullback leading to a run up. Measurements for the cup are on the chart at approximately $7 from the top. On watch for a handle to develop or break out of the cup.
Volume was something to mention. The volume on the Weds run up was 16.5 million on a daily average of 1.625 million. A 10x Relative Volume.
Also worth mentioning, price reentered the RSI bull zone on 12/22 prior to the Weds run up.
VVPR
New Pick OBLN. High Risk – Entry 1/2 – Stop 20%23,513,292 shares of Common Stock outstanding as of December 31, 2018.
Interwest Venture Management Co is the largest institutional owner
Tamarack Advisers, LP reported adding it to their portfolio on 9/30/18
Social media metrics are off the charts right now
THIS IS HIGH RISK!!!!!!!
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