gingerheadtrader

VCEL bull flag breakout

Long
NASDAQ:VCEL   Vericel Corporation
Huge bullish breakout of the bull flag setup on VCEL today. Earnings on the 6th led to a huge surge in buying. Then for the last 12 sessions or so we've seen an equal amount of buyers and sellers which has kept the price in this tight bull flag channel. Today it looks like the last of the profit takers have gone and the buyers took charge of the price action once again. This is a clear earnings continuation play that should definitely be on your radar!

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