VVPR Cup and Handle Developing
VVPR 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.
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.
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