Vicor loosing vigor. VICRGoals 68, 61.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
VICR
Breakout From Consolidation Wedge $VICRAfter another ~ year & 1/2 consolidation period, it appears that Vicor may be ready to break from its wedge. A few hints that stood out in my eyes:
-Bottoming stochastics on the weekly timeframe
-Considerable jump in recent buyer volume
-Clear break past the 0.786 fib level ($100.73), which has proved to be a formidable resistance in the past
This chart and analysis should always be seen as just an opinion on current trends and shouldn't be taken as advice to trade any security. Do your research before placing any orders! GLTA.