VLDR back to ATH? C&H breakout
VLDR in a nice cup and handle pattern, Looking for a breakout of the handle to retest ATH. We could see a nice run up all the way to earnings coming up, with news coming out on developing next generation autonomous trucks and plans to accelerate commercialization of self driving trucks in China. Trading plan annotated in the chart. Minor resistance around 26 over that I'm looking at 30. Under 20 I'm looking for a retrace to 17.50 as the next solid support.
Option Alert
25C 2/19 (Low risk: Medium reward)
Tip: Set an alert on the trend line of the top of the handle, that will confirmation along with an increase in volume
Option Alert
25C 2/19 (Low risk: Medium reward)
Tip: Set an alert on the trend line of the top of the handle, that will confirmation along with an increase in volume
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