Long
$VIVO Trendline Breakout - Bullish
VIVO is up +35% since it last reported earnings. The latest ER is scheduled Feb 5, 2021.
The Bullish Signs I like here:
1) Diagonal Trendline Breakout to the upside (ascending channel)
2) Price is trading in the Bull Zone of Linear Regression Channel
3) CCI is above 100 but under 200
4) Candles are curling up to form a cup-like breakout pattern on the daily chart
My profit targets are 26.50, 27.85, 31.25.
Please show you support in the comments. Thanks!
The Bullish Signs I like here:
1) Diagonal Trendline Breakout to the upside (ascending channel)
2) Price is trading in the Bull Zone of Linear Regression Channel
3) CCI is above 100 but under 200
4) Candles are curling up to form a cup-like breakout pattern on the daily chart
My profit targets are 26.50, 27.85, 31.25.
Please show you support in the comments. Thanks!
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