VMC after a year of consolidation is today trying to break up from the channel. Cup and handle pattern has been confirmed, and there will be possible gap closing if 5.60 zone supports the break up. Enjoy and lets go Truckers :)
Comment:
Gap was closed as expected, it will try to break out second time from the channel from $4 zone after this accumulation 4 week period.. Enjoy
Trade active:
VMC retesting $4 zone as expected, potential drop to main key support line at $3.80 and if support holds then leg up to $5 zone and potential break up from the bearish channel. Thank you and safe trading.