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Shoelace
Mar 19, 2022 4:45 PM

VLNS March 18th Early Bullish Form & Buy Signals Long

Description

Potential for a modified cup and handle formation with resistance on the 3.50/100ma around March 23.
Handle retracement likely to 3.20 level before advancing to the next resistance at 3.79.
Moving averages, supertrend and money flow index all giving strength to a solid lift here.
I like this chart as long as external news events remain neutral or positive.
Earning for Q1 expected April 15th may add some volume and volatility in the run up to reporting.
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