NYSE:VRTV   Veritiv Corporation
Power earnings gap from March 2021 earnings smash started 8 month impulse Wave 1.

ABC correction move down to 0.5 retracement level, respecting 100ma for a bounce before heading down to 200ma.

Play bounce off of .5 levels and 200ma at $85.70 with tight stop, and see if wave 2 begins. Wave 2 Target 7 months, $228. If it fails, next fib at blue box.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.