Nice bull pennant formation on the 4-hour for VTC. Currently consolidating at 53 RSI, long target $7.50
Comment:
Raising my target to 7.90 good likelihood we will break 8 dollars. Taking a bit longer to consolidate than I had hoped, but breakout still looking imminent.
Comment:
Lowered target back to 7.50 and exited the trade. Decided not to get greedy especially as the market is looking shaky at the moment. 80% profit on this trade. not bad.