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irishborninvestor
Jan 23, 2023 7:07 AM

Good example of VCP in a base Long

Description

IAA This felt like a good example of VCP in a base. Ideally you want to see this sort of action in a stage 2 continuation for it to be most meaningful. Earnings February 10th will likely be the catalyst on any directional move. Posting mainly as a good example of price tightening. Volume profile not ideal.
Comments
irishborninvestor
I believe the company has agreed a merger. Hence gap up this morning.
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