VEL: Descending TriangleA break above 18.60 should see price continue to the upside
Long Setup
Enter Price 18.60
Stop Loss 18.18
Price target 19.27
Risk/Reward 1.6
VEL trade ideas
Velocity is breaking our of the ascending triangleNYSE:VEL is breaking our of the ascending triangle. Anticipated price action and targets are shown on the chart. Closest stop level at 5.4$ or ideally at 4.65$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
