Vicore in TA dream scenarioVicore 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.
So keep a close eye on any potential buy signals.