Bull Flag Pattern on $V

16 de mai. de 2021

V looks like its gonna continue the uptrend, what I like here is that price came back down & retested that 220 - 222 range & caught a bounce on support. Although the Stochastic & RSI aren't as erect as they can be, they're both assuming a bullish posture. Price is currently testing the 9 EMA & 21 EMA at that resistance level. Further, imo its $5.11 or 2.25% til price is at $232.09, the second profit take is the monthly high of $237.17, & that's $10.73 or 4.73% away.
IV RANK is 14.2 %
the BETA is .99%

PATTERNS ARE ONLY A LIKELIHOOD THAT THE TRADE WILL WORK
-Mark Douglas
let me know how yall liked the TA thanks.