Symmetrical Triangle - Watching closely
Symmetrical triangle forming on VRM-
- Looks to be a falling wedge forming on shorter timeframes as well
- MACD Cross
- Bollinger bands squeezing
- Slight bullish divergence on the RSI
- Just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones
- Infrastructure talks could serve as a catalyst for a nice bounce (Broader Market Condition Permitting)
PT1- $38.25
PT2- $39.56
PT3- $40.32+
- Looks to be a falling wedge forming on shorter timeframes as well
- MACD Cross
- Bollinger bands squeezing
- Slight bullish divergence on the RSI
- Just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones
- Infrastructure talks could serve as a catalyst for a nice bounce (Broader Market Condition Permitting)
PT1- $38.25
PT2- $39.56
PT3- $40.32+
Kommentar:
✅ Price Target 1 Reached