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BeyondBullishTrades
Feb 2, 2021 2:49 PM

$VIVO Trendline Breakout - Bullish Long

Description

VIVO is up +35% since it last reported earnings. The latest ER is scheduled Feb 5, 2021.

The Bullish Signs I like here:
1) Diagonal Trendline Breakout to the upside (ascending channel)
2) Price is trading in the Bull Zone of Linear Regression Channel
3) CCI is above 100 but under 200
4) Candles are curling up to form a cup-like breakout pattern on the daily chart

My profit targets are 26.50, 27.85, 31.25.

Please show you support in the comments. Thanks!
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