jinsteruk

ILIKA forming a potential VCP

LSE:IKA   ILIKA PLC ORD GBP0.01
IKA is forming a potential stage 2 VCP before commencing on a phase 3 run to higher highs (105p+). Confirmation of VCP pattern completing will be illustrated with 1-2 likely smaller contractions (~10%) and dry up of volume before a big move higher.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.