Vicore right now is in the perfect zone for a potential buy. Everything seems to align. Now we just need to wait for a buy signal, preferably on the daily chart. Vicore printed a W-formation. Vicore broke out of it's downtrend. Vicore broke the neckline of the W-formation.
After the breakout, we've retraced exactly to the following confluence area: - Neckline of the W-formation - 0.618fib of the breakout impulse. - 50 and 200 MA. - Lots of horizontal support.
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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.