cjmarshall925

VFC Gapping up after Earnings

Long
NYSE:VFC   V.F. Corporation
VFC Gapped up on Earnings. Inside Day candle, looking like a pennant pattern, Hourly shows a nice tweezer top - so would expect it to break bullish, although, if it pulls back, 67.20 is longstanding Resistance/Support, but more likely, will bounce off the 10 SMA at around 69.
Bullish entry - 70.52 (or higher depending on the next candle) x 69.00
Bearish - wait to see next day's close.
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